this post was submitted on 21 May 2024
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[–] [email protected] 2 points 10 months ago (1 children)

When productivity increases (as it has been doing for ages) the manufacturing output increases. That’s what normally happens.

[–] [email protected] 8 points 10 months ago* (last edited 10 months ago) (1 children)

But the amount of workers will only stay the same if demand grows at the same rate as the production output.

[–] [email protected] 0 points 10 months ago (1 children)

Well, the price goes down, or/end the salaries go up, or resources are freed for new investments…

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago) (1 children)

Only in the last case there is a chance that the amount of jobs will remain the same, the other cases will lead to lost jobs.

[–] [email protected] 1 points 10 months ago

Prices going down leads to increased demand and expansion. Salaries (everywhere) going up lead to increased demand and expansion.