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You can’t have industry and no huge salary gap between the bottom and the top. Correlation, if you mandate very uniform wages, you only have tertiary service jo
by laurent92 5y ago
You can’t have industry and no huge salary gap between the bottom and the top. Correlation, if you mandate very uniform wages, you only have tertiary service jobs, like France which has very little income ratio (3.5x, if I remember), but doesn’t have industry anymore.
It was the simple desire of “solving it with taxes” which was the root of a despicable trend that has mechanically “exported” poverty to where it can’t be seen, because we couldn’t sustain the sight, for about 60 years now. It’s a sin and a bane.
Taxes (eg tariffs against countries that produce goods efficiently) only extract private value to put it in public hands, which politicians use to favouritize groups they like (or military projects they like, concerning US). It doesn’t make companies innovate in average - only the side that receives the taxes innovates somewhat, and based on non-market incentives, rather political ones. France is full of those non-performing startups that end up 4th on the market, if that is what you aim for, so France doesn’t have technological sovereignty.
At least if we accepted poverty in the USA in exchange for bringing industry back home, those workers would be poor but work in a safe environment.
- meh99 5y agoYou have done nothing to validate this claim and are simply regurgitating acceptable political speak. Kids can be taught otherwise. And a minority of the rich can be told to stfu by the masses, or enjoy working in the coal shovel jobs. We pretend there’s a meritocracy lifting these folks up, but it’s been argued well it’s nothing more than network effects and really just seeing no upside to being egalitarian while the masses sit around being apathetic political agents. And believing you’re going to achieve perfect sovereignty is non-sense. It’s a shared planet. Nation state politics worked fine when technology and access to the world were control by monarchs. Not enough old people are going to be around to confirm their common sense awareness of these heavily distributed “truths”. The social narrative will be whatever the political engaged make it. Avoiding political engagement all but insures this.
- vkou 5y ago> At least if we accepted poverty in the USA in exchange for bringing industry back home, those workers would be poor but work in a safe environment. Nobody's stopping anyone from opening up a factory that pays people $7/hour in the US. Since bringing industry back home is so important, are you ready to go work in it for those kinds of wages? It's easy to demand that other people accept poverty. It's hard to explain why market actors would be willing to work for low wages in a high-COL country.