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by TeMPOraL
2697 days ago
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> By this logic, any increase in productivity is bad because it reduces labor scarcity. That's just not how it works. Yes, this logic is perfectly sound. Increase in productivity has both good and bad impacts on a system within which it happens - the whole difficulty of managing a system (like a job market) is to find ways to pocket the good, and mitigate the bad. |
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