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"you have to pick up your life and say goodbye to everyone you know because the market says so" is hardly an outcome we should be promoting Why is this true? V
by L_Rahman 10y ago
"you have to pick up your life and say goodbye to everyone you know because the market says so" is hardly an outcome we should be promoting
Why is this true? Virtually every working class immigrant to the United States made that decision, my parents included. And in return, America is one of the world's most prosperous nations that's staved off the slowdown in economic growth associated with most developed economies.
It's a tradeoff decision - we can create a more ordered and comfortable society where people get to stay where they already are or we create a less ordered one where people have to move.
More ordered societies tend to have less economic growth and social mobility than less ordered ones. We may prefer to make that tradeoff but we should do so knowing what we give up.