Chestaan wrote:HMS Vanguard wrote:We need to keep them off the street. Many workers are negative value added.
Haha so the capitalists are actively lowering their profits in order to keep poor people off the streets? Out of the goodness of their hearts? I don't think so, it's either one of two reasons:
1) Its cheaper to use labour. See Foxconn in China.
2) We do not yet possess the technology required to produce the quality and quantity of products required by society.
Anyway, why not just use the poor as slaves?
They are not negative value added for the company but their income is substantially composed of benefits and transfer payments.
Adding more people does not increase living standards, because consumption requirements are increased as well as production capacity.
Adding more people of below average productivity reducing living standards if you insist on more or less equal incomes, since consumption increases faster than production.