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<p>[QUOTE=&quot;Cloudsweeper99, post: 1491043, member: 3011&quot;]Then lets assume for a moment that there was no socialism.&nbsp; The advances in technology and manufacturing have brought the world to a point where all of the capital in the world can be employed to produce all of the goods that are needed by society without having to employ everyone.&nbsp; So we have structural unemployment.&nbsp; So what happens when technology advances some more and only half the people are needed to work?&nbsp; What happens when only 10% of the people are needed to work?&nbsp; I know there is supposed to be a service economy where the unneeded people go to work to cut each other&#039;s hair and polish each others nails, and maybe lawn services can start to cut lawns daily to employ more people, but that only works to a limited extent.&nbsp; So under 21st century capitalism, if such a thing existed, there would be masses of people with no income and no prospects for productive work.[/QUOTE]</p><p><br /></p>

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