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The plight of the poor is not an economic problem it is purely a political one. Progress in technology isn't really a root cause of poverty, rather a proximate
by ambicapter 2y ago
The plight of the poor is not an economic problem it is purely a political one. Progress in technology isn't really a root cause of poverty, rather a proximate cause with the root cause being "because the fruits of technology are not adequately shared by government policy", a policy issue.
Tax the billionaires and do what government is supposed to do (use that money to protect the safety of their people), it won't matter if they make their wealth via robots or via people.
- HPsquared 2y agoEconomics is inherently political. The original (and more descriptive) term for the subject is "political economy".
- deleted 2y ago[deleted]
- ambicapter 2y ago> Economics is inherently political. Yes? The political policies will have an impact on the economy.