you step into a class and draw a line down the middle.
to the students on the left , you pass them a note that asks them how much would they pay to hear you recite some poetry you wrote last night.
to the students on the right, you pass them a note that asks them how much would they pay so that they wont have to listen to you recite the (same) poetry you wrote last night.
its not just free. it can be worth negative money too.
There’s many praises to sing about efficiency, (and I don’t take your 1 liner as a position against it). That said, efficiency, job creation, and underemployment overlap quite a bit.
There’s far more scientists, programmers, and doctors today than farmers and stablehands.
At the same time, people who lost manufacturing jobs to automation and outsourcing, did not get jobs with equivalent pay and growth.
Human brains do not get retrained very easily, and so every technological revolution is a boon to those who grasp it, and a challenge for those who invested their time in skills no longer in demand.
if american mining companies just turned up on greenland and started strip mining.. what is denmark going to do about it?
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