But for the record, the workers due deserve to be paid for the value of the work that was taken.
I have complicated feelings about this issue. I agree that, in theory, we should compensate people harmed by beneficial economic restructuring, such as innovation or free trade. Doing so would ensure that these transformations leave no one strictly worse off, turning a mere Kaldor-Hicks improvement into a Pareto improvement.
On the other hand, I currently see no satisfying way of structuring our laws and norms to allow for such compensation fairly, or in a way that cannot be abused. As is often the case with these things, although there is a hypothetical way of making the world a better place, the problem is precisely designing a plan to make it a reality. Do you have any concrete suggestions?
I have complicated feelings about this issue. I agree that, in theory, we should compensate people harmed by beneficial economic restructuring, such as innovation or free trade. Doing so would ensure that these transformations leave no one strictly worse off, turning a mere Kaldor-Hicks improvement into a Pareto improvement.
On the other hand, I currently see no satisfying way of structuring our laws and norms to allow for such compensation fairly, or in a way that cannot be abused. As is often the case with these things, although there is a hypothetical way of making the world a better place, the problem is precisely designing a plan to make it a reality. Do you have any concrete suggestions?
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I have no idea what your second paragraph is saying, or if it is even saying anything.
Should we have a ban on AI-generated text here, other than for demonstrations explicitly labelled as such and on April 1?
I did not use ai. I just think high temperature. meet me in real life if you’re skeptical, I guess. deleted the comments, though.
I wasn’t sure that it was AI, but it had the same sort of unfocussed feel to it.