Abundance Theory Economics

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Originally Posted by d-ray657

Depends on your definition of mean. I would say it is pretty mean to layoff 1000 workers to add a mil to an executive bonus, but the executive would not think so - or wouldn't care.

Regards,

D-Ray

Abundance theory economists firmly believe that those 1,000 workers will find work elsewhere. Jobs are abundant, the laid off just need to create them or adapt to fill existing job openings. It's a free country.

Is there a hole in that logic?