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by mlguy456
2508 days ago
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This is a very smart way to organise society, if we think about it: people have to do more and more work to bid against each other for the limited amount of resources. The only flaw is that this reduces birth rate to unacceptable levels. I don't believe that this can be fixed: this very smart ratchet mechanism won't let us work less. Rich countries like USA counter this problem by immigration of qualified individuals. Not so rich countries like Europe have to let everybody in. But this solution won't last for long and eventually the so called advanced countries will be replaced by people that don't give a s..t about women's and anyone's rights and don't have troubles with birth rate. Oh well, maybe this can be fixed, but nobody likes the solution: reimbursement for all kids related expenses and extra to compensate for time - schools, universities, healthcare are free for anyone under 25; better laws related to marriage, kids and divorce - it makes no sense to give up half of your earnings and the house, and this alone deters a lot of otherwise qualified men from starting a family; and there should be an option to delegate raising kids to those who are good at it - the best age to make kids is early 20s when you're healthy, but in our modern society it's a financial suicide to start a family until you are well off (35 if you're lucky) - this type of advanced childcare would be a big shift in our society. Or keep extracting profit from full time working men and women and watch the sunset of the modern civilization in 50 years. |
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It's a very smart way to organize a society if you're a landlord using artificial scarcity to extract rents equal to the productive value created by everyone else. For everyone else it's warm dung.
It's not even economically efficient because it undervalues non-wage labor, of which child rearing is a prominent example that we are now under-producing as a result.
> reimbursement for all kids related expenses
Reimbursement overcomplicates things for no good reason and creates a lot of perverse incentives to overpay for services etc. Just choose an amount per child and make that the amount of the child tax credit.
But that's somewhat separate from the main thing driving the competition, which is artificial housing scarcity (and artificial scarcity in general). That may be the single most pressing problem facing us today, outside of climate change.