this post was submitted on 29 Nov 2024
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Late Stage Capitalism

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[–] IrateAnteater 1 points 2 weeks ago

Reagan accelerated what was already coming. Automation completely changes the balance of power in labour negotiations. Previously, unions had power because skilled labour is very expensive and time consuming to replace. If you automate the "skilled" portion of that equation, companies immediately become much more willing to simply shut a plant and move production elsewhere.