> good in the long run

And extremely disastrous in the short run. If societies lose good paying jobs, that is asking for a populist uprising which typically goes pretty bad pretty soon.

It won't be good for 50% of the people/countries that are already above average - it will only be good for the 50% below average.

I've never understood macro-economics. How is it possible that in one country $70K USD is barely scraping by while in another country that is $2K. The base inputs to the economy are global commodities.

Only if the level of happiness is constant, which it isn't.

And more justice for all.