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Well, if wealth is spread more evenly around the globe, this will indeed be good. Less unrest, less war, less refugees. Not sure if it's beneficial for the US a
by PietdeVries 9y ago
Well, if wealth is spread more evenly around the globe, this will indeed be good. Less unrest, less war, less refugees. Not sure if it's beneficial for the US as well though - the money flowing to Vietnam/Slovakia/Nigeria, etc has to come from someone...
- jonathanyc 9y agoNo, otherwise the world would have the same aggregate welfare as it did in the 18th century (or some arbitrary time in the past). The idea of this being some zero-sum game is not only naive but dangerous.