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Politics : Libertarian Discussion Forum
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To: Sidney Reilly who wrote (6309)9/17/2007 2:34:07 PM
From: TimF  Read Replies (2) of 13056
 
The factory workers make more money. They also spend more money. Businesses sell things to the factory workers, or sell things to the people who sell things to the factory workers. Those businesses hire people. Even those who don't get the factory, or retail, or other forms of new jobs can benefit, because people paying for the products retrieved from the garbage have to pay more due to the competition with retail and factory jobs.

At the same time all this new revenue and wages create extra tax revenue. Now there are some ways for that fact to be harmful, esp. from a libertarian perspective. But you get that extra revenue without increasing the percentage the government takes, and to the extent its spent on appropriate infrastructure and education the benefits can be widespread.

Does every single person benefit? Probably not, almost no change will benefit every single person, esp. when your considering only the short run. But a strong majority of people do. There is disruption, and the disruption can create pain, but its sort of a "no pain, no gain" situation. If you don't allow create destruction, you don't get the creation. You leave people stuck digging through garbage or performing other jobs that are even more odious than the low wage factory jobs.
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