This process would lead to an over-accumulation of capital and rising income for the capitalist class amid rising unemployment and stagnant wages for the working class, to a point where social ownership of the highly automated means of production would be the solution to resolve this contradiction.
This process would lead to an over-accumulation of capital and rising income for the capitalist class amid rising unemployment and stagnant wages for the working class. This was to a point. Social ownership of the highly automated means of production would be the solution to resolve this contradiction.