The value of the wages in an enterprise is always just a fraction of the cost of the finished product. That is for all factories and hotels and whatever across the planet. What does that mean ? It means people will never be able to buy all that is produced. All the money go to the business owner. But how many finished products do they buy ?
Solution : credit. But now they turned off the money fountain (intentionaly - people did not lose their jobs, then stopped buying ,it was the other way around). So people buy only what they realy need, or not even that. And the system collapses. Very simple. There is not a shortage of products.
Capitalism, and the "economic need" are pyramid schemes. To satisfy the real needs it is enough for 10 % of the workforce to work. We could invent a system with no money, where people work let's say 8 years in agriculture, healthcare, schools and some light industry producing some stuff like clothing. Then they are changed by others. The rest of the time they do nothing and are provided with all these things for free. That does not mean they are forced to live only with those things.
Want more ? Gather people who want the same and do it. Improve your life beyond what you are provided, anyway you like.
Money or credit will be BANNED, and that means we will never end up where we are now - working not because we need what we produce , but because we need money, and we have to have something "TO DO" to get them otherwise it does not fits into the crazy philosophy of "life is hard work".
People will do things only if they want to have them as an extra beyond the basics. When they stop wanting them they stop working. Simple. Not like the death trap of the current system : "look nobody buys what I produce, what will I do ?". Nothing. As I said to cover real needs there is no need for 100% of the workforce to work.
Also see this :
The Gospel of Consumption | Orion Magazine
Quote:
In a 1927 interview with the magazine Nation’s Business, Secretary of Labor James J. Davis provided some numbers to illustrate a problem that the New York Times called “need saturation.” Davis noted that “the textile mills of this country can produce all the cloth needed in six months’ operation each year” and that 14 percent of the American shoe factories could produce a year’s supply of footwear.
|
And these :
The Story of Stuff with Annie Leonard