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by nostrebored
1249 days ago
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Your assumption is so short sighted that it's hard to explain how wrong you are. Let's not think about the noble but the practical: did the man whose life was threatened continue to stay in the country and pay those workers, or did he leave or drop wages? Did people make decisions about where to work based on the idea of long-term compensation? What amount of people left an otherwise stable job to take this high-paying gig that disappeared? What is the net impact on these people _especially_ if the distortion was prolonged and did put other companies out of business? This is not a 'compassionate' thing to do, it's short-termism that messes with other people's lives. Moreso depending on the function of how large the distortion was and the relative purchasing power of the job. An example of how this works is AWS jobs in other regions -- they pay significantly higher than base rate in many developing countries, but it is both a pedigree and leaves people in a position to get another white collar job that's fine later on. However, the same is not true for something like a gig-work cleaning agency paying 3 times market rate. I have the feeling based on the source that your experience might be closer to the former, which might leave you with a different take than what's happening here. |
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Maybe the guy in the example did leave the country, maybe he didn't. But either way, those workers were given a massive windfall for a short time, and I'm willing to bet that some of those workers took that money, invested in their families to the point where their children were able to get some form of education, and those children didn't have to lead the same impoverished lives their parents did. They were able to use that money as a stimulus for real growth. That counts.