Earlier quoted context omitted.
> all white collar jobs collapse Then everything collapses. The carpenter will also be out of work if more than half of his client base cannot afford his work anymore.
This idea doesn't sit well with me. Like, I recognize it very likely could happen, but it feels kind of like a dumb magic trick. Like learning economy goes up because people generally believe economy should go up. If everyone is out of a job, then what is the point of the economy? Who is doing what work for whom? If nobody can afford anything, then why are we even doing this? And, at some point, needs have to be met.…
Welcome to capitalism.