Re:Robots Are Taking Over Oil Rigs
by pizza234 on Monday January 30, 2017 @03:35PM
(#13524757)
> The money mostly goes to the capital-owning class
In a free (and not colluded) market, end prices will go down. Profits will depend on the market, not differently from the effects of economies of scale in general.
> The rich tend to reinvest money instead of spending it
Investing money and spending it is practically the same, from the perspective of the economy.
In a free (and not colluded) market, end prices will go down. Profits will depend on the market, not differently from the effects of economies of scale in general.
> The rich tend to reinvest money instead of spending it
Investing money and spending it is practically the same, from the perspective of the economy.