Source: Ludwig von Mises Institute
by Andy Fischer
“Karl Marx believed machines would eventually turn workers into something disposable. In The Communist Manifesto, Marx and Engels wrote that industrial labor had already reduced the worker to ‘a mere appendage of the machine.’ In Capital, Marx argued that machinery would create a permanent ‘industrial reserve army’ of unemployed workers. As automation increased, workers would lose bargaining power while capital consolidated control. The proletariat would become poorer and more desperate. From that condition, Marx believed revolution would follow. That prediction sits at the center of his entire framework. But history moved in the opposite direction.” (03/31/26)
https://mises.org/mises-wire/artificial-intelligence-hammers-final-nail-karl-marxs-coffin