These are the voices of the Neoliberal left. They are absolutely convinced that there is fundamental risk in making poor people less poor. God forbid, rural people would actually be paid enough to thrive.
https://twitter.com/noamscheiber/status/1352278062692524034
This is why Neoliberalism is so corrosive. To them, when the rich get richer, that’s an unalloyed good. Never a job killer. When the poor get richer, the economy will come tumbling down.
Notice they never bemoan the job killing effects of high wages for CEO’s or wall street types, where the job killing effects are so much more obvious. Imagine a more equal distribution of income and the vastly greater demand it would create.
These guys are super super smart, and I know they are acquainted with the empirical data that shows there have never been job killing effects for raising wages. Which raises a super interesting cultural question of why folks like this are so determined on this point.
Your economic intuitions are not unusual. They are a direct product of neoclassical economic thinking and models. But these models are all based on inaccurate assumptions about humans, systems and growth. Which is why they are always wrong.
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