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by anon7725
267 days ago
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The Luddite analogy is apt, however its sense is opposite to the way that it’s usually presented. The Luddites were skilled artisans in the textile industry. They often worked from home, owning spinning and weaving equipment and acting as what we’d call independent contractors today. The mechanization of the textile industry resulted in work that required less skill and had to be performed in a dangerous factory for suppressed wages that were determined by a cartel of factory owners rather than a robust market of small makers. Sitting here 200 years on from the Industrial Revolution it seems to be an obvious good. But it sure did not sound like an appealing thing to live through if you weren’t one of the few owners of the means of production. |
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Scrub through this report from ABC so your stomach can do backflips on how bad externalities are not tracked in modern prices:
https://youtu.be/bB3kuuBPVys?si=Lgb4z-nvrXqYkLQt