That's true in a democracy, but the question is why would the democracy remain a democracy if the productive, governing elite doesn't need the citizens for their economic activity?
From time to time, governing elites have asked themselves a question: is now the time to overthrow democracy?
When the wealth of a nation comes from the productivity of its citizens, you can't overthrow a stable democracy without destroying the wealth you intended to capture. But when the wealth of a nation comes from its natural resources, say gold or oil, the calculus changes. You can run a gold mine with dying slaves and still extract great wealth.
"The resource curse, also known as the paradox of plenty, refers to the paradox that countries with an abundance of natural resources (like fossil fuels and certain minerals), tend to have less economic growth, less democracy, and worse development outcomes than countries with fewer natural resources."
Some economists refer to human labor as "the ultimate resource," a resource of value beyond gold, beyond oil. As automation becomes more and more useful, as the value of capital relative to human labor increases, the more we're cursing ourselves with the ultimate resource curse.
From time to time, governing elites have asked themselves a question: is now the time to overthrow democracy?
When the wealth of a nation comes from the productivity of its citizens, you can't overthrow a stable democracy without destroying the wealth you intended to capture. But when the wealth of a nation comes from its natural resources, say gold or oil, the calculus changes. You can run a gold mine with dying slaves and still extract great wealth.
We see this worldwide as the resource curse: https://en.wikipedia.org/wiki/Resource_curse
"The resource curse, also known as the paradox of plenty, refers to the paradox that countries with an abundance of natural resources (like fossil fuels and certain minerals), tend to have less economic growth, less democracy, and worse development outcomes than countries with fewer natural resources."
Some economists refer to human labor as "the ultimate resource," a resource of value beyond gold, beyond oil. As automation becomes more and more useful, as the value of capital relative to human labor increases, the more we're cursing ourselves with the ultimate resource curse.
I recommend this video to every one (watch it at double speed; he talks slowly). https://www.youtube.com/watch?v=rStL7niR7gs