I like to look at this as a vindication of efficient markets. As the Times reporter shrewdly remarks, democracy offers profit opportunities for groups that can coordinate to form disciplined voting blocks. The coordination problem here is very difficult, but we nevertheless see an example of a group that has solved it with amazing success, so that the profit opportunities are not left unexploited despite the collective action problem!
As for the unsustainability, well, a whole lot of high-status people live off rent-seeking these days, except that it tends to be couched in elaborate rationalizations and smug moralizing. The Kiryas Joel folks are just specializing in a form of rent-seeking where their culture gives them a strong competitive advantage (since it solves the coordination problem). If that source of income dried up, I have no doubt that they'd be smart and enterprising enough to come up with something else -- which might well be some productive work, as it probably would be even nowadays in a society where rent-seeking is harder and less lucrative.
(Besides, as the article suggests, the lack of social pathologies in their community means that they might not be such devourers of public funds after all, and they do some productive work, so the net balance isn't that clear.)
. The Kiryas Joel folks are just specializing in a form of rent-seeking where their culture gives them a strong competitive advantage (since it solves the coordination problem). If that source of income dried up, I have no doubt that they'd be smart and enterprising enough to come up with something else -- which might well be some productive work, as it probably would be even nowadays in a society where rent-seeking is harder and less lucrative.
I don't think we're seeing anything that smart going on here. They are essentially just adopting that the MO t...
I was browsing my RSS feed, as one does, and came across a New York Times article, "A Village With the Numbers, Not the Image, of the Poorest Place", about the Satmar Hasidic Jews of Kiryas Joel (NY).
Their interest lies in their extraordinarily high birthrate & population growth, and their poverty - which are connected. From the article:
From Wikipedia:
Robin Hanson has argued that uploaded/emulated minds will establish a new Malthusian/Darwinian equilibrium in "IF UPLOADS COME FIRST: The crack of a future dawn" - an equilibrium in comparison to which our own economy will look like a delusive dreamtime of impossibly unfit and libertine behavior. The demographic transition will not last forever. But despite our own distaste for countless lives living at near-subsistence rather than our own extreme per-capita wealth (see the Repugnant Conclusion), those many lives will be happy ones (even amidst disaster).
So. Are the inhabitants of Kiryas Joel unhappy?