What is a poor, foolish person to do in the market? If he cannot adapt or does not want to.

Haegansn

I don’t know if I’ll disappoint you or if this will simply be feeding a troll, but for the poor and foolish, whether in a market economy or under socialism, there are only two paths: to lean on someone else or to find unskilled work. If they are also lazy, only the first option remains.

Leaning on someone is more profitable in a country with a market economy: there are charitable shelters and soup kitchens, freeganism, crashing on couches, acquaintances who are more or less well-off (there will be more of them in a market economy), or begging. Under socialism, there are fewer options: he who does not work, does not eat, so only acquaintances and crashing on couches remain (even begging is often forbidden under socialism).

Unskilled labor is easier to find under socialism, since the right to work is one of the most important positive rights guaranteed by the socialist system. The utility of such labor for people may well be zero or negative, but that depends on luck. In a free market, unskilled labor will likely be more intensive, but it will also be paid higher.

Finally, there are intermediate regimes, which are the majority. There are regimes like the Russian one, where there is no proper social safety net, but you can hardly make any money in unskilled work. There are social democracies eating away at their liberal inheritance: there, one can live quite well on benefits—however, there are many such poor, foolish, and cunning people there; they form ghettos, and few would like the conditions within them.

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