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This would be a very shitty world to live in unless you were very rich.

It's efficient because it reduces the bargining power of labour to nothing, and those that gain are the owners of capital. With no bargining power, benefits will disappear and everyone will be non permanent except those in very secure positions or in very specialist jobs.

People will no longer have a home - a place to belong, they'll either break up families with parents working on other countries, or children will endure an existence of jumping from place to place eroding the chance for normal development.

Society will be broken and the ability to self organise to build political movements will evaporate.

This will not be a nice world to live in for 99.9pc of the population.




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