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Comment on The bourgeoisie could technically unintentionally end capitalism...

Labor would become worthless, but money would still have value derived from ownership of capital (factories and raw materials). A tiny capitalist class would still produce and sell to each other, while the rest of humanity would be left with literally nothing to work with.

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GrammarPolice@lemmy.world ⁨1⁩ ⁨day⁩ ago
How are companies buying raw materials if there are no consumers to subsidize that?

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- AbouBenAdhem@lemmy.world ⁨1⁩ ⁨day⁩ ago
  There are still (some) consumers—other capitalists.
  
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  - GrammarPolice@lemmy.world ⁨1⁩ ⁨day⁩ ago
    It still doesn’t seem plausible to me because the idea of momey is only sexy in so far as you can trade it for 9ther stuff. There’s not much value in money that can only be used to purchase land/raw materials. It’s just a contract at that point.
    
    If the bourgeois class is adamant about keeping commodification, they probably wouldn’t let things get to this stage in the first place. Governments would step in to regulate.
    
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    AbouBenAdhem@lemmy.world ⁨1⁩ ⁨day⁩ ago
    
    There’s not much value in money that can only be used to purchase land/raw materials.
    
    On the contrary—with automation converting raw materials to finished goods essentially for free, raw materials would be worth more than ever.
    
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