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by vdaniuk
4239 days ago
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Your comment is so generic it is hard to argue with it. Also it is a fact proven by the growth of the gdp per capita and average living quality that economics in general is not a zero sum game. Currently the overall number of programmers/computer scientists/coders steadily increases and still there is a large shortage of workforce in these areas. Please provide citations to support that 'countless economic sectors/countless times' claim. |
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Economics is not a zero sum game, but there are a few significant zero-sum games within economics that suffice to undermine the "rising tide lifts all boats" argument: land ownership, profit ownership, power ownership. A significant chunk of the value behind a certain amount of wealth is relative to everyone else. Resenting someone else for earning twice as much would not make sense in a world where prices were fixed, but that's not the world we live in. The 2x guy is absolutely capable of bidding up prices on houses, investment instruments, and political influence, which all hurts the 1x guy. The guy with a skilled job absolutely makes it harder for other people with similar skills to find work. The guy building automated burger dispensers absolutely makes it harder for those at the bottom of the totem pole to secure gainful employment.
I do not debate that the current situation is that there are too few programmers. My claim is that once supply and demand equilibrate (and unless demand experiences exponential growth forever this will certainly happen) then we'll be in the same boat as everyone else. And it isn't a pretty boat.
I would love to be wrong about this, but I just don't think that there's a certain level of education that will creates a sustainably large middle class. It can certainly help in places where there are deficiencies, but it stops being effective at the asymptote. Look at the US, look at Japan. More and more education every decade but at the end of the day the supply of jobs for educated people didn't magically expand to meet the demand. The "magic" I'm referring to is the same magic as the "it's not a zero-sum game" argument refers to. It didn't work: we massively increased education and the middle class crumbled anyway.