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Honestly consider the possibility of negative impact by increasing local wealth inequality. I’m assuming that you may live in a bigger house. You may shop at mo
by jl2718 6y ago
Honestly consider the possibility of negative impact by increasing local wealth inequality. I’m assuming that you may live in a bigger house. You may shop at more expensive stores. You may have house cleaners.
Wealth inequality generally supports a servant economy more than a self-sufficient economy. Yes, you inject cash, but you are also diverting labor towards local services instead of global industry.
I know that it sounds silly for tech yuppies to talk about global industry in these desperate places, but that’s their only way out. They have to produce; they can’t just do services for any remaining wealthy residents, and rely on the government when the last ones leave. And you have to trust them to find a way.