The argument, then, is that our ability to produce will outstrip our desire to consume, and so a fraction of people will be able to produce enough things for everyone to consume, which will lead to the rest not having jobs.
The problem with the argument is that it does not really appear to me that our ability to produce has outstripped our desire to consume. The buying of things is currently rather high, and product shortages are not entirely uncommon. Rather, people cannot get paid a first-world living wage to produce the things we desire to consume, or they do not have the skills required to produce those things, etc.
Somewhat related: are most other countries currently suffering high unemployment, or just America? If the answer is 'no', that seems to contradict the thesis of the article.
The problem with the argument is that it does not really appear to me that our ability to produce has outstripped our desire to consume. The buying of things is currently rather high, and product shortages are not entirely uncommon. Rather, people cannot get paid a first-world living wage to produce the things we desire to consume, or they do not have the skills required to produce those things, etc.
Somewhat related: are most other countries currently suffering high unemployment, or just America? If the answer is 'no', that seems to contradict the thesis of the article.