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Instead of worrying about potential foreigners competing for your job, you should wonder why there are so few jobs out there: it's because the rich are hoarding
by wfo 9y ago
Instead of worrying about potential foreigners competing for your job, you should wonder why there are so few jobs out there: it's because the rich are hoarding them. The money for them, that is. There is so much work to be done, plenty of work for you and your Indian and Chinese friends to all have well-paying jobs. The reason we all don't have them is that we are just extremely bad at allocating resources: we choose the most inefficient method, market capitalism. We, essentially at random, select a tiny group of elite wealth hoarders who centrally plan and distribute nearly all of the world's wealth without any concern for social good or welfare or anything other than their continued accumulation of wealth and power. Then we beg them to give us jobs, to give us their table scraps and we fight each other for them, terrified at any moment our benefactors might take away our livelihood instead of rolling up our sleeves and getting to work.
- conanbatt 9y ago> it's because the rich are hoarding them The enemy are not foreigners man, the enemy are the rich!
- skybrian 9y agoI completely agree that the main problem is lack of spending money in the hands of people who actually need it. There's plenty of work to be done, if only the people who need it had money to pay for it. However, capitalism (in the form of Walmart and its suppliers, for example) does seem quite efficient at supplying material things to poor people. More spending power in the right places would go pretty far to fix the problem, along with boosting the economy.
- wfo 9y agoWalmart's profit primarily comes from abuse of monopoly (which is not efficiency) and from government subsidies (they are the biggest welfare recipients in the world, since their workers require government welfare to survive while working so much for so little). Their profits come from economic coercion and exploiting public subsidies, not efficiency. Walmart's primary competitive innovation historically was union busting.
- s73v3r_ 9y ago"However, capitalism (in the form of Walmart and its suppliers, for example) does seem quite efficient at supplying material things to poor people. " Does it? I don't know if I'd really agree with that.
- tryptophan 9y agohttps://ourworldindata.org/grapher/declining-global-poverty-share-1820-2015 https://ourworldindata.org/grapher/declining-global-poverty-... Like it or not, the greedy evil capitalists are making the world a better place for all of us.
- s73v3r_ 9y agoAgain, are they? Define "better".