Selma,

You have asked:

<<<<
Is it possible to have an economic system in which labor is paid for the
value of what that labor produces?
>>>>

The answer is Yes -- and this is exactly what happens in real life. This
applies in all economic systems, whether free or totalitarian. The value of
the Gross Domestic Product of a country (that is, the total of all final
goods and services made in the country) is exactly the same as the National
Income (that is, the total of all the incomes of the population in the
country, excluding foreign investment income).

Keith Hudson



----------------------------------------------------------------------------
--------------
Keith Hudson,6 Upper Camden Place, Bath BA1 5HX, England
Tel:01225 312622/444881; Fax:01225 447727; E-mail: [EMAIL PROTECTED]
________________________________________________________________________
_______________________________________________
Futurework mailing list
[EMAIL PROTECTED]
http://scribe.uwaterloo.ca/mailman/listinfo/futurework

Reply via email to