Abstract

We agree essentially with the analysis of the Ad Hoc Committee on the Triple Revolution, as stated in its memorandum to President Johnson. That memorandum holds explicitly that cybernation invalidates the traditional methods by which society's wealth is distributed. Implicit in the Committee's report is the thesis that our present economic and social system (read capitalism) is now facing breakdown through a deepening paradox: income, hence consumption, hinges on employment; while accelerating productivity with all its potential of abundance, hinges on the very opposite—elimination of human labor. This paradox cannot be resolved within capitalism's distributive framework of wage labor.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.

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