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To be automated, which is what will, and is happening.
by mercurysmessage 10y ago
To be automated, which is what will, and is happening.
- carsongross 10y agoI'm perfectly happy with that, although I think it is oversold and used as an excuse in many cases. So long as the productive capacity, intellectual property and knock on effects are kept domestic, good.
- witty_username 10y agoHave you heard of comparative advantage? It may not be advantageous for the U.S. to keep such things domestic; instead the intellectual property may be better utilized in China.
- carsongross 10y agoI took two years of economics indoctrination at Cal. Yes, I'm aware of the theory. Suffice to say, I no longer believe that ceteris is paribus.
- witty_username 10y agoWhy?
- carsongross 10y agoWatching the asian economies thrive with mercantilist practices, learning about America's early mercantilist practices, and reading Vox Day, John C. Médaille and Steve Keen on the matter.