Scott Alexander advocates for a political philosophy combining free markets with social welfare, proposing market-based alternatives to current welfare programs and regulations.
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Scott Alexander proposes a political philosophy that combines free market values with social welfare, which he tentatively calls 'bleeding heart libertarianism' or 'left-libertarianism'. He argues that many current welfare programs disguised as jobs or regulations are inefficient and could be replaced by direct welfare payments. The post presents examples like the BART strike, fast food workers' wage demands, and affirmative action, suggesting market-based alternatives that could be more effective. Alexander concludes that this approach allows for more flexibility and innovation while still addressing social and economic problems through government subsidies and taxes.
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