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by TaylorAlexander
847 days ago
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Let’s say it were true that labor unions reduced productivity, but that they also increased quality of life for workers. I often think we need to stop focusing so much on productivity to the detriment of life and human well being. Or stated more directly, it is non obvious to me that reduced productivity is inherently bad. |
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Take two countries at the same starting level of per capita GDP, and give one a GDP growth rate of 2%, and the other a rate of 4%, and within 30 years the latter will have twice the per capita GDP of the former.
It's very hard for a country with half the per capita productivity of another country to match their quality of life.