How Poverty Makes Workers Less Productive

Re:How Poverty Makes Workers Less Productive by treeman79 on Sunday February 14, 2021 @08:24PM (#26138005)

Wrong. Focusing on “us” ends in ruling class and endless poverty everywhere.

Alternatives to capitalism have been tried and it always fails.

Venezuela is the most recent example.

[ Parent | on HN ]

Re:How Poverty Makes Workers Less Productive by pasquinelli on Sunday February 14, 2021 @08:42PM (#26138119)

Venezuela is struggling because of a focus on the collective, not because of sactions, blockades, and coup attepts... none of that has any real effect.

[ Parent | on HN ]

Re:How Poverty Makes Workers Less Productive by imtringued on Monday February 15, 2021 @04:22AM (#26140823)

A common point in Bitcoin submissions on HN is that a deflationary cryptocurrency would help with the inflationary currency (e.g. in Venezuela) and make it possible for the average person to build wealth.

I just looked up Venezuela's situation. Well, food prices are going up because diesel sanctions prevent farmers from running their tractors. That's definitively not a currency problem.

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Re:How Poverty Makes Workers Less Productive by ClumsyPilot on Monday February 15, 2021 @07:11AM (#26141984)

Alternatives to Monarchy have all been tried, and it always fails.

Focusing on freedom ends up in anarchy and chaos everywhere.

Freench revolution is the most recent exanple - just look at the amount of people beheaded!

[ Parent | on HN ]