View Single Post
 
Old 12-07-2012, 04:46 AM
Danny B Danny B is offline
Platinum Member
 
Join Date: Oct 2012
Location: L.A. Ca.
Posts: 3,901
Productivity and consumption

I've tried to show both sides to the argument on productivity and distribution.
Gandhi said "there is enough for everybody's need but not enough for everybody's greed".
EVERY attempt at disbursing wealth equally has failed dismally. Decades ago, a business owner made about 15 times what his workers earned. Today, that has grown to 50 or 60 times. Depends on the business. The income inequality is being twisted into class warfare.
Why The Haves Have So Much : NPR

Equality doesn't work. Runaway inequality doesn't work too well. What other option is there? There is Mondragon.
"At Mondragon, there are agreed-upon wage ratios between the worker-owners who do executive work and those who work in the field or factory and earn a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1."
Mondragon Corporation - Wikipedia, the free encyclopedia
Mondragon has been around for a while. It seems to work pretty well.

The health and vitality of a society is dependent on the surpluses that it generates. Take a good look at North Korea and you can see what the productivity of a police state is. Socialism necessitates a police state and a command economy. Those two destroy all surpluses and any viable future.
What happens to the finance industry when surplus is destroyed? The parasites don't produce for themselves and must depend on SURPLUS production from the producers.

Socialism carries it's own destruction in it's game plan. Vladimir Putin warned obummer NOT to try socialism. Russia had it for 70 years and it was a colossal failure.
History runs in cycles. One name for the economic cycle is the Kondratieff cycle. Elloit waves is another area of study.
Strauss and Howe write about generational cycles.
Strauss–Howe generational theory - Wikipedia, the free encyclopedia
We are at the fourth turning.
__________________
 
Reply With Quote