Complete automation allows us to turn that circle into a kind of arrow, where there is no incentive to keep human consumers within the value loop. Whoever controls the automation controls where that arrow goes.
That control can come in forms---fully-autonomous weapons, a surveillance state---which complete break the average person's typical understanding of the concept and incentives of "The Economy"
Or... I'm just an idiot, and I'm making too many assumptions or missing something.
