Yanis Varoufakis

So there's no point in having an economy.

Everything is produced for you.

And, you know, what they do is they spend time in a spaceship exploring the universe, having philosophical conversations.

That's why I'm a Trekkie.

I love it.

The question is, okay, now let's say that we buy the hypothesis that at some point we will have the technology to replace all labor, all work, all, you know.

All chores, let's say, because, you know, nobody wants to replace the labor of love that is writing poetry or composing music.

But, you know, all the chores that people would rather not do, but somebody needs to do them.

Let's say that robots do all that.

Okay.

Yes, then we can have libertarian communism, Star Trek.

The question is, how do we get there?

Because, you know, you saw Elon Musk's... I forgot what he calls his Android.

We've seen the Androids that are coming from very different companies, from China and so on.

You know, these things are going to cost money to buy.

Not everybody will be able to buy one of these machines.

Some small businesses will not have them.

Bigger businesses will have them.

But even large businesses may find that it is cheaper to have...

precariously employed labor, human labor, than machines.