Re: $200 for Answer From An Outspoken "Market" Economist
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Re: $200 for Answer From An Outspoken "Market" Economist         

Group: alt.philosophy · Group Profile
Author: zzbunker
Date: Aug 26, 2008 06:43

On Aug 25, 3:27 am, Les Cargill cfl.rr.com> wrote:
> forbisga...@msn.com wrote:
>> On Aug 24, 3:41 pm, Fred Weiss papertig.com> wrote:
>
>>> True. To the extent that their wages are inflated by union contracts,
>>> mandatory minimum wages, tariff protection, etc., they are paid *too
>>> much*. (Which is precisely why so many jobs have gone overseas).
>> ...
>
>>> Furthermore, "free speech" is merely the right to express one's views
>>> without restraint in a forum of one's own. It is not the right to loot
>>> others.
>
>> So, for the poor to organize so as to stand up to superior economic
>> power is to engaging in looting?
>
> Power is force. It's not economic.

Power is force x velocity.
That's why engineers generally make money, holograms, GPS, PV
Cells, microcomputers,
fiber oprics, robots, blogs, lasers, masers, Ebooks, USB, Online-
Publishing, History,
CD, DVD, HDTV, Broadvand, Adaptive A..I. Cell Phones, and proftis,
and Economists generally
make the null set about babbling nonsense.

You are equating economic inequality
> with slavery. I do not think that is valid, and it ... insults people's
> value and ability to be self-determined.
>
> This is the Prime Mistake of Marxism.
>
>> I dont even thing free speach is sufficient for free trade.  I think
>> near equality of circumstances is required.
>
> Then it's information-theoretic impossible. Since trade is *the*
> mechanism for people to *improve* their lot, it casts them
> into an eternal subclass.
>
> Interchange by non-trade *is* force.
>
>> Any time people
>> with unequal power engage in trade the person with the greater
>> power has the advantage.  Nearly all laborers need their jobs to
>> survive but most businesses don't need any particular non-owner
>> employee to survive.
>
> All businesses do, very much. Now, the culture is decaying and tells
> people that they can "do it all", but the very mother's milk
> of interdependency is trade.
>
> --
> Les Cargill
no comments
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