either way, you get more of something in the economy, even if it's not money for those in poverty. in this case, it'd likely lead to food becoming cheaper and more people being able to eat
I fail to see how education hasn't benefited those in need in this (somewhat contrived) analogy
So, we're back to what started this: people are going to school, getting education, and now they're working as the local McD's night shift manager with a masters in their pocket.
Making better workers only helps if there are enough better jobs to go around, otherwise it is just inflating a massive bubble in the education industry.
There really seems to be "no alternative" today and consequently people seem to see no way out of that box for the most part.
"The Unnecessariat" which got posted here yesterday was a very sobering read in that regard:
I don't know who believes that the purpose of people is to serve the economy. However I believe that, where no actual disabilities exist, family units should be self-supporting and should also share in the burden of maintaining a free, just and civilized society.
Put another way, should countries protect workers or owners?
(A false dichotomy, of course, and an oversimplification to boot.)
https://www.chrisstucchio.com/blog/2016/robots_didnt_take_ou...
We have "not enough jobs" when everyone who wants one has a butler, maid, cook and driver. (Or butlerbot, cleaning bot, autocook 2000 and self driving car.) That's not the world we live in today.
Other work that isn't getting done: childcare for working women, fixing our crumbling infrastructure, building new public works - most left wing types have a massive laundry list of jobs that aren't getting done.
Maybe those folks are just full of it and we shouldn't actually tax the rich to get those things done?
Is any of this sarcasm? Are you sincerely suggesting that not being able to find someone to work for 1 cent per hour means that there is a labor scarcity?
What's this business about public funding of municipal infrastructure and how does it relate to the conversation at hand?
So, under this definition there is always, almost tautologically, a scarcity of labor. The word has little meaning, and discussion of whether or not there is such a scarcity becomes irrelevant to decisions about things like public welfare or economic policy.
The word has a clear and useful meaning, it's just not appropriate to many of the contexts where it is used specifically to obscure the subjective character of what people are describing when they use the term.
You could charge me $0 for these services and I still won't buy any. These are actual jobs that have vanished and there is no scarcity of these services.
Pick whatever futuristic, heavily-automated world you want to live in: It will still be worth something to you to have someone (for example) spend hours on the web researching a question that you want an answer to (but not badly enough to spend hours yourself).
Farmers and farms can't be switched on and off to different crop production or different skilled occupations without considerable lag.
No. Noooo. This stuff is all connected. At a minimum, leading to consumers of cabbage spending less money in the market for foodstuffs, instead being free to spend the money elsewhere, leading to an increase in their personal well-being and economic growth in other sectors.
(And that's assuming that there is no change in the number of entrants into the home-cabbage-farming sector.)
Compare and contrast to the arguments about "highest worker productivity in history" while wages stagnate.