I'm not omitting anything, it's included. If the total sum of human labor required to produce food (which includes energy production and pollution mitigation) goes down by 90%, then the total sum of human labor required to buy food should go down by 90% as well.
My point is simply this: As automation advances, the vast majority of that value (e.g. 98%) should flow back to society. Right now it's being soaked up by capitalists. There should be a reward for improving efficiency but it should be sensible.
My point is simply this: As automation advances, the vast majority of that value (e.g. 98%) should flow back to society. Right now it's being soaked up by capitalists. There should be a reward for improving efficiency but it should be sensible.