[lbo-talk] Economist Debates: Manufacturing: Statements

Barry Brooks durable at earthlink.net
Wed Jun 29 12:01:48 PDT 2011


Outstanding stuff!

I saw Ha-Joon Chang on book-tv, March 17. 23 things they don't tell you about capitalism http://www.c-spanvideo.org/program/TellY

Physical production (manufacturing) is the most basic and thus the most important aspect of the economy. However the economy might be structured, public or private, machine or muscle, big or small, credit or debit, fair or foul, manufacturing matters a lot. No stuff:no life.

Why not accept that the robots are good at both manufacturing and services? We are good at watching and love work so long as it feels like play.

Economic democracy based on the income rights of ownership, rather than the control rights of ownership, is the kind of economic democracy that is still the light at the end of the tunnel.

Barry



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