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Re: [Orchid] Why is it so hard?  
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From: James White
Date: Mon Nov 01 20:44:21 2004
 
     
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>         Because in the long run what they spend pays their wages. 

    The old "evenly rotating economy" fallacy was knocked on it's head
    with Adam Smith's "The Wealth of Nations" though the fallacies should
    have been totally obvious over the prior centuries of growth and the
    vast improvements in living and living conditions for ALL wrought by
    the Industrial Revolution. The reality is the continually growing
    **and changing** (yes with--temporary--unemployment for some) economy
    and that comes from entrepreneurs intentionally using capital to
    increase productivity to make the cost of goods cheaper to make them
    affordable to more to increase the profits that increase the
    investment in more capital goods that... 

    Read the posts on this list and you'll find easily 1/3 of them are
    exactly about this process whether it be simple tools to vibratory
    tumblers to laser welders. Do you honestly believe that the folks
    that purchased the laser welders should have instead bought labor to
    use old methods to achieve the same result? Should we abandon pitch
    because it makes the work easier? Hammers, anyone? back to rocks? why
    stop there? 

James E. White

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