- Capitalism and Alternatives -

it wont

In Reply to: Why capitalism cannot 'raise all boats' posted by Barry Stoller on January 10, 19100 at 10:39:57:

In response to the entire post - you have missed that some very highly intellectual efforts were made by people in order to conceive and design the scanner and the robots mentioned as well as the products themselves, they are not on $5/hr. you miss also that these ever more abundant products, from ever more productive and competetive organisations, require ever more skilled 'circulation' work to ensure it gets from the steely limbs of the robot to the fleshy hands of the consumer.

Not all boats rise, thats true, but more rise than sink. I think youre being relative again - not relative in terms of historical gain over time, but in terms of larger gaps between the $50/hr accountants, programmer, robot man and the $5/hr cashiers. I'm not convinced that a measure of boats as sinking is appropriate - only that you might say they *seem* to be sinking compared to those which rise dramatically.

Follow Ups:

• At least you'll admit that much Stoller January 11 19100 (0)