Re:Outsourced Jobs Are No Longer Cheap, So They're Being Aut...
by rtpg on Thursday October 09, 2014 @04:40AM
(#8431353)
>what rationale there is for distributing it
Instead of spending all their time being wage slaves and buying the $2 boots that fall apart every month, they can actually invest in the $15 boots that last 10 years (thus of maximum utility) and help signal to the boot market that we don't need crappy boots.
Poor people cannot invest in good products, so companies build shitty things that sell because people need to survive, but are a bad long-term proposition.
Instead of spending all their time being wage slaves and buying the $2 boots that fall apart every month, they can actually invest in the $15 boots that last 10 years (thus of maximum utility) and help signal to the boot market that we don't need crappy boots.
Poor people cannot invest in good products, so companies build shitty things that sell because people need to survive, but are a bad long-term proposition.
Basic income can destroy shitty products.