Quote:
Originally Posted by Matata
You feel uncomfortable discussing the matter on a message board because you haven't written a white paper on it? Seeing as this situation or something similar seems to be on the horizon for Calgary and every other major city, there is ample motivation to start educating oneself on the matter.
All I'm looking for is an opinion that lies somewhere between "the city is doomed" and "the city is fine" and so far I'm coming up with nothing.
|
It's capitalism, baby. The invisible hand. There's no use in looking at things like rent control, affordable housing, public health care, mental health resources, UBI as more jobs become outsourced/replaced, or just the general idea that healthy happy people = healthy happy economy. That stuff is all socialist nonsense.
This is literally the design of capitalism. Things that don't work are left to fail. Except banks. Or fossil fuels. Or automakers.
It works in theory. Things that die are replaced by better things. But part of that theory is reinvesting corporate profits into the labour force, which has basically never happened, and the only way to make happen is strikes. It's not an accident we are seeing a bunch of those. There are a lot of people that live in these cities, working good and well-paid jobs, but are still getting squeezed out. Adjustments need to be made if the employers won't make them themselves.