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by quotemstr
2233 days ago
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> Framing people as possibly being "net burden" on society presumes that "the market", and economics, perfectly encodes the value of an activity to society, If not the market, then what? Why do you think resource allocation scheme X would be better than the market overall? Without prices, we're left with the people best at being loud demagogues deciding the application of society's limited resources. Is that really better? Has it ever worked to produce prosperity or happiness? Yes, economic value reflects social value, and chasing profit produces social good. Every time somebody's rejected this principle, he's produced poverty and death. |
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