Same old, same old

Michael Perelman michael at ecst.csuchico.edu
Tue Jan 28 14:12:49 PST 2003


I made the same argument in Transcending the Economy.

On Tue, Jan 28, 2003 at 01:07:19PM -0800, Miles Jackson wrote:
>
> I think one thing we need to think about with the tradeoff between
> efficiency and other social needs is the incredible economic capacity
> of industrial societies. Auto factories are running at less than
> 50% capacity; about 2% of the population can produce more food than
> 260 million people in the U. S. can eat; and so on. I think this
> kind of excess capacity buys us more wiggle room in the efficiency
> department than Justin assumes.
>
> Miles
>

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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