If the economy were zero-sum, we would be far poorer today, with 7 billion people, than 200 years ago, when there were only 1 billion people, right?
I don't believe in things like "the market will sort everything out", by the way. There are winners and losers, and I think society has some duty to help take care of those who get the short end of the stick. But I don't think "don't let the factories move" is the right way to help those people, long term.
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If the economy were zero-sum, we would be far poorer today, with 7 billion people, than 200 years ago, when there were only 1 billion people, right?
I don't believe in things like "the market will sort everything out", by the way. There are winners and losers, and I think society has some duty to help take care of those who get the short end of the stick. But I don't think "don't let the factories move" is the right way to help those people, long term.