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Is there really a point towards economic production when a massive number (2~4%) of people would die? I can see how the Wall Street would respond, it's underst
by beaunative 7y ago
Is there really a point towards economic production when a massive number (2~4%) of people would die?
I can see how the Wall Street would respond, it's understandable, but whoever says that somehow makes it a bad governmental response has already missed the point about what's really the end goal for the development of our society.
- AnthonyMouse 7y agoYou're thinking about this backwards. If undiversified capitalists are going to lose a lot of money then they're going to lean on governments to prevent it, and sometimes the governments will cave. If all they have to do is run two shifts in one factory instead of one shift in two factories, they barely even care and you reduce the perverse incentive to do something stupid.