# kaal:claim:6421319-032

**Claim.** Fiscal stimulus cannot restore employment that has been structurally eliminated by autonomous agents able to perform the same tasks at zero marginal cost, so the Keynesian transmission mechanism from aggregate demand to employment dissolves.

**Type.** failure  **Support.** argued

**Holds when.**

- applies where AI substitutes for labor across cognitive and physical domains

**Source quote.**

> Fiscal stimulus designed to increase aggregate demand cannot restore employment that has been structurally eliminated by autonomous agents capable of performing the same tasks at zero marginal cost.

**From.** Wulf A. Kaal, *The Collapse of Scarcity Economics* (2026), VIII.A. The Labor Market Transformation, page 29

**Cite as.** Wulf A. Kaal, The Collapse of Scarcity Economics (2026). SSRN: https://ssrn.com/abstract=6421319

**Verify.** sha256 of source PDF `0f4f68e56ee48bb8b2d73d3ab7fd96fa572e76c195694ffa740360704c1b172d` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20The%20Collapse%20of%20Scarcity%20Economics.pdf

**Failure mode.** Keynesian Transmission Failure  (family: human-judgment-displacement)

**Topics.** economics

**Keywords.** keynesian-economics, fiscal-policy, labor-displacement, aggregate-demand

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.