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That may be the good news, but the bad news is that a lot of people will run out of money for basic necessities like food and shelter. It might have been differ
by kranner 7y ago
That may be the good news, but the bad news is that a lot of people will run out of money for basic necessities like food and shelter. It might have been different if every country had evolved to allow people to survive economically during recessions with something like a basic income but that's generally not the case.
- bjourne 7y agoWhich tells you how sick our economy is. A virus is spreading which causes people to, no fault of their own, to lose their jobs, homes and go into starvation. Governments around the world are spending billions and trillions to prop up failing stock markets but almost nothing to provide for real people in real need.
- marcinzm 7y agoWithout an economy there is no tax money and without tax money there is no way for the government to help people in need. So then the government prints money which drives up inflation. Eventually society effectively collapses and no one is helped. It's happened before. So by your own logic of greater good trumps all the economy trumps helping people.
- bjourne 7y agoWhat? I didn't write that having an economy is a bad thing.I wrote that our current global economy is sick and rotten to the core. It urgently needs to be replaced with something that works for all of us rather than the few before it dooms us all.
- marcinzm 7y agoReplaced with what? Attempt to replace the economy generally just end with a different few controlling things (the new dictator, the party leaders, the rich, etc.). Saying "tear it all down and replace it with magic pixie dust" just ends in mass death.
- bjourne 7y agoIs all your argumentation based on straw men? There are many ways to improve the economy so that it better serves the needs of the majority rather than just a small wealthy elite. That is a fact and does not imply neither pixie dust nor dictatorship.