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I agree that we should tamper with natural economic forces as little as possible, we should remember that even economic nature can be a cruel, cruel bitch. Rea
by twoquestions 10y ago
I agree that we should tamper with natural economic forces as little as possible, we should remember that even economic nature can be a cruel, cruel bitch. Read the following for why we should sometimes risk economic meddling, despite the costs and risks.
https://morecrows.wordpress.com/2016/05/10/unnecessariat/ https://morecrows.wordpress.com/2016/05/10/unnecessariat/
TL;DR: Being on the bottom of the economic ladder is terrible and near impossible to escape.
- scotch_drinker 10y agoTotally agree. I would have far preferred the bailout in 2008 to be put into an infrastructure program that put those classes of people to work instead of enriching the Wall Street crowd. But, no one asked me. Government should protect the unprotected and let everyone else fend for themselves. Instead it does the opposite these days, at least in America.
- infinite8s 10y agoIt's always done that, except for the few glory decades after the great depression (and the needed a world war to jumpstart)
- kwhitefoot 10y ago> natural economic forces There is nothing natural about the economy except in the unhelpful sense that everything is natural. All economies are regulated to a greater or lesser extent for the benefit of someone. The question is always: who is that someone.