People often like to complain about people on welfare, drug addicts, homeless people, poor people and so on and it is often implied at how much better society would be if everyone was a rational actor making the best decisions possible in realistic terms. Obviously luck plays a big part in these outcomes and for argument’s sake, I’ll grant these people an average amount of luck.
The people who usually make these claims are middle class and higher. What they don’t realize is that if everyone who they see as beneath them suddenly became an ultra impactful member of society then competition would increase across the board and it would be a race to the bottom in terms of pay and quality of life.
Even if we somehow got every one of these newly developed competent individuals to be housed, fed and given a job where they contribute to society in a meaningful way, there would still be issues. People would get greedy and look to expand their net worth by saving money to buy real estate. This would greatly decrease money velocity and increase inequality by creating more greedy and opportunistic landlords.
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Housing is supply and demand. You’re right when demand>supply rent is higher. Until more housing is made of course, then it goes down.
This doesn’t solely exist for landlords either, lol.
Privileged people don’t want to recognize that they are privileged. If the playing field were truly leveled, they would claim it’s unfair.
Unemployment would soar as companies with competent employees could start cutting costs
Competency of more people would boost your country’s economy, and fill up the middle classes. It would promote innovation and humanity, and grow jobs in necessary sectors.
Competency of the people generally dictates a country’s success in many many metrics. The data is available if you search for it.
In a vacuum, you cannot have too much competency.
Greed and opportunism is not what I’d call “the best possible decisions”.
I’d argue lots of people on welfare and similar are in those circumstances because of other peoples decisions so if we solved their circumstances it wouldn’t just be by changing their character but also that of people putting others in that position.
Tangentially related but it pisses me off when someone is asking for life advice on Reddit, and the top comment is some perfectly rational perfectly mature common sense advice everyone already knows yet fail to apply due to being just human with flaws and weaknesses. And OP’s like “thanks, that’s what I needed to hear”. Reddit seems to be an absolute stranger to the concept of things that are easier said than done.