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What are some examples of 'common sense' which are nonsense? (lemmy.ml)

submitted 12 hours ago by [email protected] to c/[email protected]

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Wikipedia defines common sense as "knowledge, judgement, and taste which is more or less universal and which is held more or less without reflection or argument"

Try to avoid using this topic to express niche or unpopular opinions (they're a dime a dozen) but instead consider provable intuitive facts.

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[–] [email protected] -2 points 5 hours ago (1 children)

we need more working powers to keep our wealth and our standard of living up. obviously, as things are crumbling around us, this means we don't put in enough effort to maintain things, and more hands would help.

that is a false thought. The labor market is regulated by supply and demand. That means, fewer workers lead to higher wages and a higher quality of life. It might seem paradoxical, but having a smaller workforce means people in the country will be able to afford more stuff.

That is especially important as people discuss the birth-rate, and immigration, in all countries, also in the US and in Europe. People say things such as "women have 1.6 children on average, which means our population is declining, and obviously that is the reason why our quality-of-life seems to be going down as well". However, the opposite is true. As automation takes over and well-paying (and meaningful) jobs are eroded, having fewer people around doing all the work actually drives wages up, and leads to an improved quality-of-life.

[–] [email protected] 1 points 1 hour ago

The labor market is indeed regulated by that supply and demand. That is a foregone conclusion. However, that doesn't guarantee necessarily higher wages and thus higher quality of life, proportionately speaking.

That itself is a struggle over whether "general profit", after accounting for wages, is reinvested for the social needs, such as housing, food and water, education.

Assuming that "general profit" (savings) + wages (needed for laborers' means of subsistence) = value created.

And assuming wages are sufficient enough for higher quality of life.

But put into the equation the landlords, the shareholders, industrialists that dominate our world by virtue of owning the property that shapes it, who want to depress wages, if it means more "general profit", and direct their savings towards more capital accumulation