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It used to be that Alice owned Bob, she purchased him fairly at auction. His duty was to clean all of the bathrooms in the house. Now, if Bob is released he wil
by 6510 5y ago
It used to be that Alice owned Bob, she purchased him fairly at auction. His duty was to clean all of the bathrooms in the house. Now, if Bob is released he will get a similar job for $2000 per month and someone like Alice's has to pay that $2000.
Surely this isn't fair for Alice?
- josephcsible 5y agoAbolishing slavery corrected a distortion and made the market more free. Unemployment bonuses and UBI are new distortions that make the market less free.
- hirako2000 5y agoAnd she didn't own Bob, she paid Bob and not a previous owner. Information disimetry is what Alice benefited from, she has better skills, knowledge, or connections, or all of these. Bob has less and cleans other people's bathrooms instead of getting his cleaned while he can grow his wealth undisturbed by chores. The disymetry then keeps growing. I doubt the solution is to provide money as if it grew on trees to those who are below average in term of status and profit abilities in society. It would likely drag most people further down and keep a few at the top who will find ways to fund the mandiants somehow.