Author: The TruckerThe Trucker Date: Jun 10, 2007 18:07
On Sun, 10 Jun 2007 17:18:59 -0700, Fred Weiss wrote:
> On Jun 10, 3:31 pm, The Trucker verizon.net> wrote:
>
>> You are proposing a "throwback" mentality. Once the division and
>> specialization of land and labor which are the real soul of "capitalism"
>> have taken place, saving (in the traditional sense) is no longer a
>> necessary prerequisite of investment.
>
> Yeah, yeah - and the "state will wither away" and we'll have a utopia,
> blah, blah, blah.
You seem to think I'm talking about some "future". I'm talking about
ritght now. Division and specialization od labor has already taken place
to an extent that borrowing is the norm as opposed to traditional saving.
That is not some sort of communist manifesto or something, Fred. It is
the reality that stares us in the face.
|