Quote:
Originally Posted by GGG
Your original contention was that we should punish companies for automating jobs because we will displace workers whose jobs won't be immediately replaced. You are unsure where you would draw the line.
My original contention is that restricting automation is stupid as it increases the size of the economic pie and therefore is a net good regardless of job displacement. The distribution of this economic pie needs to be dealt with politically through taxation and not the restriction of progress.
Does this still hold up as the argument we are having?
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The severance penalties I suggested were meant to be a deterrent of job elimination, not a mechanism to stop automation all together. As for economic distribution, if automation will lead to higher taxes for companies isn't that essentially the same thing as the penalty I suggested? You could even argue that companies would be more in favour of a one time payment than an endless higher tax bracket.