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On Fri, Oct 26, 2007 at 05:22:36PM -0400, Matthew Rosewarne wrote:
> On Friday 26 October 2007, zuzu wrote:
> > selling "units" of a mass-produced item is a relic of a manufacturing
> > economy. in a knowledge economy, it's selling the _creativity_ of
> > _people_ that's the scarce/valuable commodity. instead of buying
> > "things" we need to focus on buying "people" in the form of creative
> > labor (vis-a-vis opportunity cost) to invent _new_ features and
> > functionality. last I checked, your brain is the only one of its
> > kind.
>
> Most of what we buy, particularly what we _need_ to buy, is the product of the
> manufacturing economy. Creative labour isn't really that important if you
> can't build whatever it is that you're dreaming up. A major problem for the
> US is that we have bought into the idea that we no longer need to make
> anything, and so we are actively dissolving our economic future. The reason
> the US rose to be an economic powerhouse in the late 19th century, other than
> its agricultural prowess, was its immense manufacturing base. Only in recent
> history did we essentially abandon manufacturing to become a consumer
> and "knowledge" economy, which is an entirely unsustainable model. It's not
> that we don't need creativity or knowledge, but unless we can actually
> manufacture things, our chances of continued success are quite slim.
I would caution you, Matt, to perhaps read up on this subject a bit more.
Your statements indicate a clear lack of understanding of basic economics
and the US and world economies.
--
Toby DiPasquale
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