3 ms·
I feel like it's hard to say that it's orthogonal when people not being able to look after themselves is pretty highly correlated to these people losing jobs.
by rtpg 9y ago
I feel like it's hard to say that it's orthogonal when people not being able to look after themselves is pretty highly correlated to these people losing jobs.
The market exists for us, we don't exist for the market. If distortions are all that's needed to make sure we have the society we want, then that's great! Nothing inherently just about a market.
Gravity makes things fall, but it doesn't mean that we let everything crash to the ground because we don't want to mess with the laws of physics.
- duncan_bayne 9y agoI think, again, you're agreeing with me. There's no need to let people suffer because the market has judged their labour now to be worthless. That's what charitable support is for. But arguing that we shouldn't let the market deem someone's labour worthless is like arguing that we shouldn't let physics determine g to be 9.8ms2. It is 9.8ms2, just like the value of a skilled buggy whip maker is now $0/hr. The question in both cases is, now what do we do about it? Presumably, we give to charity to support the buggy whip makers, and we build our buildings such that gravity doesn't cause them to come crashing down.
- jezclaremurugan 9y ago> The market exists for us, we don't exist for the market And we are also the folks who create the market - deliberately or not. Its our collective decisions which results in corrections. We need a safety net for the people - the jobs however, are lost for the rest of eternity.