But most of that relative sea changes comes from the land locally sinking, not from the sea globally rising. The title making it sound as if its climate change causing this issue is sensationalist, this would have happened even if the seas didn't rise.
The headline is literally "Rising seas will swallow New Orleans", not "New Orleans is sinking below the seas", this would be an issue regardless if sea levels were raised or not, it would still sink down into the sea.
Just regulate it, make every home buyer buy an insurance for when it eventually happens. That way people who think its worth it will live there and all the relocation is already paid for.
Because European unions doesn't have as much power over workers as American unions, since Europe as right to work. Right to work means you can just quit a bad union if you don't like it without having to change your job.
Unions doesn't protect you in revolutionary times, so no. Detroits manufacturing sector was totally devastated even though they had extremely high unionization rates.
And why can money hire workers? Its because that money lets them get goods that was produced by previous investments. Without the investor class you wouldn't get large new projects organized. The alternative to private investments is communism, and we all know how that works out, it results in politicians hogging all the wealth and generally making even worse decisions with that money than the greedy capitalists does.
People prefer working for greedy capitalists since it generally pays better than working for the government.
The only reason capital has money is incompetence of our revolutionary ancestors. There is no evidence people with money deserve it. I say, let us at the least take everything they own and redistribute it reasonably, and let us see who the real investors are. We should probably repeat this process every six months or so until society can stabilize
Meritocracy is still a slur word by the left, that never changed, the left doesn't like meritocracy and the right likes it. So a left winger writing about the horrors of meritocracy doesn't mean that meritocracy is bad.
I find the left/right approach altogether ridiculous for this, it's but a spurious oversimplification which usually shows lack of understanding for the topic discussed. In this particular case, it also shows that you didn't bother to read what meritocracy actually is, since you claim, against the very inventor of the word, that it's a good thing without producing any evidence or reasoning.
> When was the payoff of a stock not from selling it later?
This is such a funny comment, historically you bought stocks to extract profits, ie dividends. Now you make money from houses and stocks by value appreciation instead of rent and dividends, you can see how that leads to very different behaviours and how that is not very stable compared to buying based on rent and dividends.
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