Sandwichman wrote: > No, your pessimism is too optimistic, Jim. thanks, Swami Onandonda.
> It is not meaningful any longer > to talk in terms of potential or sub-potential GDP. The numbers can be made > by other than rational means. As I said, the metric is broken. It became too > much an index of success to remain an objective measurement of anything. The > bottom line is there is no bottom line there. One ton nails to meet the > quota... Enron was symptomatic of a characteristic of the system. This is > not a problem that can be ironed out by putting a squeeze on workers' living > standards. When the food is unfit to eat, it doesn't rectify things to serve > larger portions. so you deny the existence of involuntary unemployment, i.e., people being forced by market conditions to reduce their number of paid work-hours per year? Mass unemployment is the solution to environmental destruction? Who will volunteer first? by the way, Tom, you seem to be going down the road to nihilism. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
