▲ | avhception 4 days ago | |
The argument wasn't about chips specifically, but contributing in general. If your city has a workforce that produces something, you can use the money from selling that stuff to buy, for example, food. If you don't, in western countries, mostly the welfare state steps in. And that's okay, we humans are social animals and I wouldn't have it any other way. But the welfare state has to be backed by productivity. Food and other stuff has to be produced by someone. And when we're talking about international relations, if your exports don't cover your imports, eventually you'll go bankrupt. | ||
▲ | bloppe 4 days ago | parent [-] | |
You're applying macroeconomic theory to microeconomics and it isn't working. individuals will broadly try to maximize their own productivity and minimize their own costs. I'm not gonna pay an extra 20% for the same product everyone else is getting cheaper when my individual contribution to "national economic health" is a drop in the bucket. If that's what society wants then we'll have to tax and subsidize our way there. That's just how macro works |