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When will people realize that increased productivity is what makes society better to live in and not jobs. If all you needed were jobs then every country in the
by jfaucett 10y ago
When will people realize that increased productivity is what makes society better to live in and not jobs. If all you needed were jobs then every country in the world would have no excuse for low living standards - they'd just need to get people a job doing anything, picking crops, whatever. [1]
1. https://en.wikipedia.org/wiki/Productivity#National_productivity https://en.wikipedia.org/wiki/Productivity#National_producti...
- afastow 10y agoIncreased productivity isn't making society better to live in for people who don't have jobs.
- jfaucett 10y agoYes it does. Increased productivity means more tax revenue for government programs, cheaper consumer products and improvement in living standards globally across the population. Its like giving your entire economy an +offset which shifts your distribution in a positive direction.