Post
Topic
Board Economics
Re: Which problem will you choose to solve?
by
bitLeap
on 08/09/2023, 02:40:51 UTC
When you solve a problem it either benefits the rich or the poor. Job creation benefits the poor more than the rich. However when the government gives people like Elon Musk the permission to build a gigantic Tesla Battery manufacturing factory in Texas, it benefits the rich because they would buy more shares in the company, making it more profitable, also he doesn't get to pay taxes. It also benefits the poor because of massive job creation.

Lastly, the problem of the poor soon becomes that of the rich if it is not solved.
From your explanation I learned a lesson that solving a problem in one corner will also result in problems in other corners being resolved. Well this makes a lot of sense and I think that's how it's going to go. Both parties can benefit from each other on the one hand but on the one hand if one party is harmed then the other party can also be harmed. Although there are certain aspects that will benefit one party more. For example, if rich people open up a lot of jobs. But they give low wages to their workers. well in this angle only the rich benefit. Poor people will be a little disadvantaged because their work is not properly appreciated. But in general there are still benefits for both parties. Because the poor are also still helped even though the salary is not high which is not in accordance with their hard work.
Now in a situation like this is a situation that we must look at from various perspectives that will ultimately provide a solution that will embrace all parties to be involved in it and mutually benefit each other. We can't keep thinking about who we have to solve the problem, but we have to think about how one action we take will solve the problem or at least we will have an effect or help all parties a little.
And in this case I agree that maybe there will be people who benefit more, but overall it helps a lot, and I think it would also be difficult to make everyone benefit equally or even impossible.