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In what way is this interesting? Is it making the average worker poorer? Or somehow more miserable (barring base jealousy)?
by ur-whale 5y ago
In what way is this interesting?
Is it making the average worker poorer?
Or somehow more miserable (barring base jealousy)?
- rconti 5y ago> Is it making the average worker poorer? Almost certainly, yes. The economy is not a fixed pie, but unless it's the CEO driving the productivity gains of a company, there's no real reason to give them a more and more outsized share of the revenue. It could go to the workers, or the shareholders.
- shadowlight 5y agoThe economy is not a fixed pie but it's also not a source of unlimited riches. All production is limited by rate of available energy and/or available extraction of material. It is actually more accurate to say the economy is a fixed pie than it is to ludicrously say the economy is a source of infinite wealth.
- silicon2401 5y agoPeople have fundamentally different worldviews. Some people refuse to accept anybody having nice things unless everybody can have them. I personally don't care for dragging everyone down to the lowest common denominator, I'd rather focus on helping bring people up where feasible.
- mcguire 5y agoNah, mate. Admit it, we're all about getting the best we can for ourselves and devil take the hindmost.
- silicon2401 5y agoI'll definitely agree that that applies for most people, including myself. Also don't think there's anything wrong with that. But I was more saying when people aim for equality, some take that to mean dragging everyone down first, and some take that to mean pulling everyone up first.
- mcguire 5y agoMoney is power.