Exploiter's fallacy
They're poor - maybe if we gave them more jobs, they'd earn more money to afford better life!
This line of thinking becomes a fallacy whenever the new jobs don't involve any actual production of the goods that the poor people need.
- Instead of lifting people out of poverty, it causes local inflation and amplifies wageslavery.
- People earn more money but the cost of living goes up accordingly.
- The net effect is that people have to work more hours just to afford the same goods as they did before.
This fallacy stems from blind faith in "economic growth", or the approach "just boost the economy and everything else will fall into place".
Antidote: To avoid this fallacy, we have to think materially. Look at the specific kind of poverty - what do people need & want that they can't currently afford? To produce those things, what materials & labor would be needed? What industries would have to be developed? That's where the economic investment needs to happen. [exception]When those industries are already developed and have a heavy environmental impact, consider that it's a case of inequality with rich people overconsuming and poor people underconsuming. In that case, the solution is redistribution of wealth, and for the rich to become more frugal and less wasteful
Examples
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