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I don't care much about "fairness" and complaining, I'm more interested (and concerned) about incentives. If people see there's no way for them to succeed, they
by tomp 11y ago
I don't care much about "fairness" and complaining, I'm more interested (and concerned) about incentives. If people see there's no way for them to succeed, they won't even try. They'll check out of the society and stop being productive ("herbivore men" (Japan) or "the beautiful ones" (mouse experiment)). The problem is systematic, of course, but if disproportionately affects the young, which in average have much less capital and thus rely much more on their (present and future) work income.