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by freefaler 99 days ago
It's not the capitalism fault. It's the limitation of the physical world. You barter your skills for other's products/services.

More people in the tribe = more people to swap with (larger market). More people who take the shitty low paid job = cheaper products.

If you don't have the cheap backpackers working shitty jobs in the hotels you won't get the tourists, who bring a lot of money in in places like Queenstown. Less money = less businesses = less jobs.

Offline world is a hard and unforgiving place. Either we find how to barter our skills/products or we rely on the taxes from the ones who are productive.

1 comments

The real world is not a highschool econ classroom. It is far more complex than supply and demand. Beyond barter for labor, workers give up vast abilities to live in a society that protects them from abuse. Part of that is allowing them to create and enforce rules to protect them from known evils.
you can't cheat the supply/demand of atoms with social constructs.

You might be able to change the way the pie is sliced, but not grow it that way. Productivity is something in the realm of the real world not just philosophical categories of good/bad.