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What you're saying doesn't make sense. Again, your position ignores scarcity and act as if economics is something like a "big bad boogey man" cooked up or somet
by dinkumthinkum 11y ago
What you're saying doesn't make sense. Again, your position ignores scarcity and act as if economics is something like a "big bad boogey man" cooked up or something weird like that.
The steel foundry example is interesting. Does it have an infinite amount of raw materials? Is it utilizing a perpetual energy machine?
To me this like if the professor asks the class "where does the electricity in your class come from?" and the students respond "The socket!"
- maxerickson 11y ago"Where does ownership come from class?" "The socket!" Of course that is silly, but sweat of the brow gets a little hypothetical when you start talking about piling up billions of dollars (probably even less than that). Should we pay the people that are rich today a larger share of the benefits of automation out of nothing more than a commitment to tradition?