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"deserve": Are you arguing economics or social justice? I'd like to see everyone's standard of living go up. But when equilibrium doesn't exist because of chea
by ergoproxy 13y ago
"deserve": Are you arguing economics or social justice?
I'd like to see everyone's standard of living go up. But when equilibrium doesn't exist because of cheating, Pareto optimality no longer obtains, and some people profit at the direct expense of others. Slavery is a prime example. It shouldn't exist at all.
I'd recommend anyone reading this thread take a look at "Apple (and America’s) Chinese Slave Labor Problem" by Karl Denninger at http://www.financialsense.com/contributors/karl-denninger/2012/01/23/apple-and-america-chinese-slave-labor-problem http://www.financialsense.com/contributors/karl-denninger/20...
- eru 13y ago> "deserve": Are you arguing economics or social justice? Social justice. I am not from the US of A after all (and even if I was, I don't see the point about worrying about some accident of geography / history).