4 ms·
https://en.wikipedia.org/wiki/Lump_of_labour_fallacy https://en.wikipedia.org/wiki/Lump_of_labour_fallacy > In economics, the lump of labour fallacy is the mis
by thingification 4y ago
https://en.wikipedia.org/wiki/Lump_of_labour_fallacy https://en.wikipedia.org/wiki/Lump_of_labour_fallacy
> In economics, the lump of labour fallacy is the misconception that there is a fixed amount of work—a lump of labour—to be done within an economy which can be distributed to create more or fewer jobs.
- dw_arthur 4y agoThe lump of labor fallacy says nothing about a particular type of job. A category of jobs can become non-productive versus a technology and the workers within those jobs should get reallocated to more productive jobs.