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> If everyone were trying to maximise their own wealth, we would have no nurses, no-one would be a firefighter, no-one would be police, no-one would work in the
by ifyoubuildit 2y ago
> If everyone were trying to maximise their own wealth, we would have no nurses, no-one would be a firefighter, no-one would be police, no-one would work in the military, etc etc.
In a vacuum maybe, but presumably market conditions would adjust to increase pay for these positions until demand was met (or some other innovation would take their place). That's the whole point of markets, is it not? If there is legitimately enough demand for something, it will be supplied if possible.
The phrase "vast majority" to me is shorthand for "I have no data but a strong gut feeling about this". As someone who grew up not poor but close enough to it to have a healthy fear of it, focusing on driving science or social goals is admirable, but a bit of a luxury thing.