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Sorry, I had a typo in there. Meant lower labor costs means savings to companies and subsequently more profit. The free market, even in a society empowered by
by huac 10y ago
Sorry, I had a typo in there. Meant lower labor costs means savings to companies and subsequently more profit.
The free market, even in a society empowered by technology to not require competition, will dictate that poor people will forever be poor. Even today, people starve in America, and there's no sign that that will change. A lot of startups are working with drones or data science to improve farm yields, which I think is cool and useful, but ultimately is pointless if we can't ensure that our overabundance of food doesn't make it to peoples' stomachs.
- aminok 10y ago>will dictate that poor people will forever be poor. I really don't understand what the basis of this claim of yours is. I also don't understand how this can possibly justify authoritarian income redistribution where people are thrown in prison and confined to small enclosures if they refuse to hand over currency that they receive in private trade. Your desire to do good does not justify you bending someone else to your will.