Sure. Wero is interesting because it is an official program but I am worried that it may not be so widespread. Here in Italy I never heard of it. Never seen anyone using it. Maybe it is new?
Here in Italy we have Satispay. It is already quite big. I guess there are still some limitations but these are quickly fixed. Direct bank transfers and reduced fees
Satispay
I am aware that Amazon and other e-commerce giants have produced damages to our economies and that those huge profits do not drip down to the local communities but I do not agree that now we should hope for them to just disappear.
E-commerce won't go away cause it is part of the technological progress and no one will stop using them on moral or ethical basis.
They are here to stay and the sooner we accept it the sooner we can understand that these realities have to be at least reformed or forced to comply to regulations.
Hoping for people and economies to just radically change is in my opinion just delusional.
hey Gemini: Is this remark on the idea of removing birthright citizenship in the USA reasonable? If so why? If not why?
The remark presents a perspective on birthright citizenship that is not widely accepted by economists or demographers, and it contains several flawed assumptions and arguments. Here's a breakdown:
Points of Contention:
Historical Context:
While it's true the 14th Amendment, which established birthright citizenship, was ratified after the Civil War, its primary purpose was to grant citizenship to formerly enslaved people and ensure their equal protection under the law. It wasn't solely about increasing the population for economic growth.
The idea that the US population was "significantly smaller and wanted to grow" is too simplistic. Population growth has always been a complex issue, influenced by various social, economic, and political factors.
"Progress is ending/slowing down":
The claim that "progress is ending/slowing down" is subjective and debatable. While some sectors may experience slowdowns, others, like technology, continue to advance. Economic cycles also have periods of growth and slowdown.
Economic growth is not ending.
"Demand for human labor is declining":
While automation and technological advancements are changing the nature of work, they are not necessarily eliminating the overall demand for human labor. They are shifting the demand towards different skill sets.
There is still a very large demand for human labor, but the type of labor demanded is shifting.
"A shrinking population is a good thing":
A shrinking population can have severe economic consequences, including:
A smaller workforce, leading to labor shortages.
A reduced tax base, making it harder to fund social programs.
Slower economic growth.
An aging population, which puts strains on social security and healthcare systems.
The concept that a shrinking population is universally "good" is not supported by mainstream economic thought.
"Immigration is a bad thing":
Immigration has historically played a vital role in the US economy, providing a source of labor, innovation, and entrepreneurship.
Immigrants often fill labor shortages in key sectors and contribute to economic growth.
Immigration is a very complex issue, and to state that it is a bad thing is a gross over simplification.
"Birthrate should drop lower to reduce the supply of workforce, keep up wages":
While it's true that a tighter labor market can lead to higher wages, artificially suppressing the birthrate has long-term negative consequences, as mentioned earlier.
Relying solely on a declining birthrate to manage wage levels is an unsustainable and ethically questionable approach.
A declining birthrate can have major negative impacts on social security systems.
In summary:
The remark presents a simplistic and flawed view of economics, demographics, and history. It relies on generalizations and ignores the complex interplay of factors that influence population, labor markets, and economic growth.
History is the final judge and is our duty to continue oppose and resist and to let future generations know what happened. No one said it will be easy but if we are not ready to do our part also us will be remembered as accomplices
Never thought about this but your comment made me aware of this possible consequence. Thanks