 | | Re: Libitarian guff (Was: Re: Art Debate Was: [Re: Swearing?])
|
| Richard Franks wrote in message ... (...) millions of (...) 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 (...) (25 years ago, 9-Jan-00, to lugnet.off-topic.debate)
| | | | | Re: Libitarian guff (Was: Re: Art Debate Was: [Re: Swearing?])
|
| (...) This is precisely why Ford decided to pay his workers 5 bucks a day when people were making 1 and 2 dollars a day. He wanted them to be rich, relatively speaking, and be able to afford his products (and those of his friends). And it worked. (...) (25 years ago, 9-Jan-00, to lugnet.off-topic.debate)
| | | | | Re: Libitarian guff
|
| (...) One minor point I'd add regarding the occasional need for government: the Securities Exchange Commission was established to prevent the same cataclysmic market crash from happening again. Among other things, the SEC requires that brokers be (...) (25 years ago, 10-Jan-00, to lugnet.off-topic.debate)
| |
