Seymour Flops
Diamond Member
By "economically value-less," I mean people who perform no labor, no management, no creative task at all. They contribute nothing in the way of productivity, but they consume almost as much as people who do contribute to productivity, and in some case more.
We've always had non-productive people thoughout history. They have been children who are not capable of working, or not allowed to work by a given society's norms, and the elderly who are not capable or not allowed to work. Sometimes the childhood non-productivity have been extended, through lenghty college "careers," or the lives of leisure led by sons and daughters of wealthy producers.
What's different now, is that we have a growing population of people who are able survive and live comfortable lives without working at all, and who do not have a plan to ever work other than a vague idea that someday something enjoyable and highly paid will present itself.
With student loan, and careful planning, a child from a working-class family can enjoy lengthy stays in college once only affordable to the children of he upper classes. By filling out the proper forms, a poor person can live off of welfare comfortably and indefinitely, and often do.
First of all, it is a sign of the success of the free market that there are enough goods and services produced to provide for these people absent their contributions. The amount of labor that we need to provide comfortable lives for X number of producers and non-producers can be performed by Y number of producers and the Y gets smaller and smaller relative to X due to advances in technology and management.
My question is this: do those non-producers provide any economic benefit to our society?
Maybe.
I have some ideas, but I'd like to hear yours.
We've always had non-productive people thoughout history. They have been children who are not capable of working, or not allowed to work by a given society's norms, and the elderly who are not capable or not allowed to work. Sometimes the childhood non-productivity have been extended, through lenghty college "careers," or the lives of leisure led by sons and daughters of wealthy producers.
What's different now, is that we have a growing population of people who are able survive and live comfortable lives without working at all, and who do not have a plan to ever work other than a vague idea that someday something enjoyable and highly paid will present itself.
With student loan, and careful planning, a child from a working-class family can enjoy lengthy stays in college once only affordable to the children of he upper classes. By filling out the proper forms, a poor person can live off of welfare comfortably and indefinitely, and often do.
First of all, it is a sign of the success of the free market that there are enough goods and services produced to provide for these people absent their contributions. The amount of labor that we need to provide comfortable lives for X number of producers and non-producers can be performed by Y number of producers and the Y gets smaller and smaller relative to X due to advances in technology and management.
My question is this: do those non-producers provide any economic benefit to our society?
Maybe.
I have some ideas, but I'd like to hear yours.