Regarding: *"Economics is the allocation of scarce resources. It doesn't work if resources are unlimited and we are approaching the day when resources will be unlimited. If we limit allocation to those responsible for producing it (fewer and fewer every year), we will all die of starvation in the Garden of Eden."*
Yes, the fate of most people will be to die of starvation in the Garden of Eden. The agenda of the moneyed Oligarchs is to reduce their legacy cost of production to a minimum and ideally to zero. http://www.huffingtonpost.com/robert-kuttner/stanley-druckenmiller-social-security_b_4133863.html *“America's very rich keep trying to start a movement among college students to blame senior citizens for the sorry state of the economy that kids will inherit. Specifically, the billionaires keep trying to scapegoat Social Security.* *This is part of the public relations effort to create a "grand bargain" to cut America's (fast-declining) budget deficit. The Peter G. Peterson Foundation has spent about a billion dollars of Peterson's own money to create faux movements to get students to take up this unlikely cause.”* These oligarchs are dead set to remove the “47 percent” class from America to increase the rate of accumulation of their wealth. But they will never accumulate the amount of wealth that they want. More is always better than less. Sharing their wealth is not part of their game plan. The non-productive percentage of the population must be removed to streamline their means of production. On Mon, Oct 21, 2013 at 10:39 AM, Randy wuller <[email protected]> wrote: > ** > I have watched this discussion this weekend and have purposely stayed out > of the fray since these issues seem to generate strong emotion from many. > > However, I really think that one must drill down to the cause of the > problem or the solution will continue to evade us. And the cause has > nothing to do with MONEY, nothing to do with GOVERNMENT and everything to > do with automation. It is a delusion to believe America ever had POLICIES > (anymore than today) to safeguard or act as a safety net for middle class > America. In the past lots of people were needed to produce the things we > wanted, so they had some worth. > > The truth is as people have continued to become less and less important to > the production of goods and now even services, measuring what we allocate > to them based on their worth (as measured by production) has also > decreased. That isn't going to change. In fact, the day will come when > machines will be better Doctors and Nurses, better Lawyers and Businessmen, > better at almost everything to do with production of goods and services. > Sadly, because we have this antiquated concept that money is real and not > simply a measure of what can be produced, we allocate less and less of it > to average people in society who have nothing special to offer the world > and are therefore virtually unneeded and unwanted to the production of > goods and services. We have decided that they aren't worth much. I > suppose carried to its extreme, the only ones who will be entitled to buy > goods in a world capable of producing huge levels of production will be the > robots and human beings not being worth much can simply live in squalor. > > Don't you see the cycle, we produce less because we have decided people > aren't worth it and with less produced we need even less people to work. > The Swiss have it right, only I would raise it to $5,000 a month. The > higher you raise it the better the Earth will be. And by the way just > print it, don't tax for it. Inflation only occurs if money chases a > limited supply. In a world that is capable of generating an unlimited > supply, less money simple means less production. Obviously, this is > talking about the extreme but we have no idea right now the limit of > production as we are self limiting it artificially by our antiquated > concept of economics. Economics is the allocation of scarce resources. It > doesn't work if resources are unlimited and we are approaching the day when > resources will be unlimited. If we limit allocation to those responsible > for producing it (fewer and fewer every year), we will all die of > starvation in the Garden of Eden. > > The only technological thing holding this back right now is Energy, and if > this site is correct and LENR will arrive soon, the last barrier to > unlimited wealth for all society will be removed. We simply have to > understand that we are all worth it. > > Ransom > > ----- Original Message ----- > *From:* Sunil Shah <[email protected]> > *To:* [email protected] > *Sent:* Monday, October 21, 2013 3:46 AM > *Subject:* RE: [Vo]:Switzerland considers giving every citizen $2,800 a > month > > American Winter: http://www.youtube.com/watch?v=wJJR3lG72AA > .s > > ------------------------------ > Date: Sun, 20 Oct 2013 21:23:14 -0700 > Subject: Re: [Vo]:Switzerland considers giving every citizen $2,800 a month > From: blaze... > To: [email protected] > > Maybe folks should be worrying about extreme poverty (1.25 / day or ~$40 a > month) before they worry about 2800 a month. > > > http://www.brookings.edu/research/interactives/2013/ending-extreme-poverty#poverty_scenarios > >
