Finally, because automation threatens to widen the gap between capital income and labor income, taxes and the safety net will have to be rethought.

最后，由于自动化有可能扩大资本收入和劳动收入之间的差距，税收和社会保障体系将不得不被重新考虑。

youdao

One is the acceleration of the substitution of knowledge and capital for manual labor.

一是知识和手工资本的替代加速。

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Furthermore, the approach to increasing production is to improve the allocation of labor, capital and raw materials, and improve their value in use.

进一步讲，增加生产的办法也是改善劳动力，资本，资源，原材料的配置，提高他们的使用价值。

youdao

These three virtues in the fiscal cliff are highly positive and will only increase the pool of available risk-taking capital in the economy, thereby increasing the capital-to-labor ratio and improving the national standard of living.

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For some within the supply-side community who believe in creative destruction and the natural power of an economy to renew itself, the solution is stable money (which Federal quantitative easing prevents) reducing the regulatory burden and increasing the capital to labor ratio.

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However, if you move up a level and ask yourself what retirement savings actually are, I think it is fair to say that they are nothing more than a claim by those who no longer work (or will soon no longer work) on the fruits of the existing capital stock and the labor of those who will be working in the future.

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