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> What You're replying to basically a strawman I wrote. I didn't say that is what's happening, I said that's what would be happening if investment was all goin
by starspangled 2y ago
> What
You're replying to basically a strawman I wrote. I didn't say that is what's happening, I said that's what would be happening if investment was all going into capital and not labor intensive industry as OP said.
- llamaimperative 2y agoGood lord you are confused. Nobody anywhere said “all” capital is flowing into capital. You’re trapped in your own straw maze! ;)
- starspangled 2y agoNot confused at all, the person with the fallacy that wage intensive activity is insignificant in importance is. Clearly as you say returns are balanced, and the balance that has been arrived at is desperately crying out for more and cheaper labor. EDIT: Oh, OP is you! No wonder you're getting touchy. Your original comment is wrong.
- llamaimperative 2y agoCan you point me to where I said it’s “insignificant in importance”?