|
This is a reminder of what ace continues to forget about how "real wealth" is generated. It's not generated in a vacuum. Wealth doesn't come from the ether when some guy gets a great idea and starts a company. This doesn't formulate atoms miraculously into a multi-billion-dollar enterprise.
The generation of "real wealth" requires labour and spending.
It's as though Fordism never happened. It's as though Post-Fordism isn't happening.
It's not just ace who should realize this; it's the GOP too. This is why "cuttin' spendin' and taxes" isn't a panacea towards economic bliss, and it's why the GOP should consider returning to the centre a bit if they want to get anywhere.
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
Last edited by Baraka_Guru; 05-06-2011 at 04:15 AM..
|