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One is a proxy for the other. The more your export the more money you probably have. In general the more money the higher your quality of life. Stated another
by sqeaky 10y ago
One is a proxy for the other. The more your export the more money you probably have. In general the more money the higher your quality of life.
Stated another way American factory worker's quality of life is good enough they have never needed to degenerate to setting fires. They have more effective systems in place.
- vkou 10y agoIf all of a country's exports were produced by entirely robot-ran factories with no employees, the country could be quite wealthy... With absolutely terrible quality of life. (Without aggressive redistribution.) Wealth only trickles down in fairy tales, or through low profit margins.
- sqeaky 10y agoThat is not yet possible. When that does become possible you statement will be true. The quality of life then becomes dependent on whether or not people need to fight for a UBI and other wealth ditributing mechanisms because likely tons of jobs have been completely automated destroying conventional labor markets..