Subject:
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Re: Libitarian guff (Was: Re: Art Debate Was: [Re: Swearing?])
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sun, 9 Jan 2000 05:07:04 GMT
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Viewed:
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2370 times
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Richard Franks wrote in message ...
> Assuming that making systems and services more efficient won't cost • millions of
> jobs.. oh wait!
But if production is made more efficient, this means that those doing the
production will get more money, and when you dig all the way down,
ultimately the only way to actually spend the money is to increase jobs (or
cause inflation). Now I suppose a market inefficiency could be introduced by
the rich just passing the money around, but it seems to me then that the
rich guy who decides not to play that game will come out ahead, because
while A and B are passing their money back and forth, C is out using his
additional money to increase production even more by hiring more people (and
perhaps even passing some of the wealth to the workers by increasing their
pay - which of course makes happier workers, who will probably produce more,
which means....).
Wild thought which I have not investigated: are their people who came out of
the market crash of 1929 ahead because instead of investing their money in
the play money of stocks, invested it in workers and production?
> Either way, if not handled properly Libertopia would be a lot worse before
it
> started becoming better.
I don't think that Larry has ever denied that it will not be easy to make
the transition (and there are some concrete things that will make the
transition difficult such as Social Security).
>
> > Don't worry, they same
> > (or more) money will be spent. The difference will be that instead of
> > politicians spending the money to win popularity contests, the charities
> > will be vyeing for your hard earned dollars, which you are going to spend • on
> > the charity which accomplishes the most bang for its buck.
>
> Ah, so the charities are like a mini dollar-electable government?
>
> Richard
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Message has 1 Reply:
Message is in Reply To:
 | | Re: Art Debate Was: [Re: Swearing?]
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| (...) Fair enough, but I still disagree :) I would say that a worthy artist is one who produces worthy art. I would also suggest that the requirement of any form of suffering or willingness to suffer, on behalf of the artist, is an intellectual one (...) (25 years ago, 7-Jan-00, to lugnet.off-topic.debate)
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