0_equals_true wrote:
It doesn't work becuase we have an aversion to genuine competition. We prefer corporatism, protectionism, and collusion the likes of which Mussolini himself could only dream of.
If it doesn't work because our universe is not some magical utopia, so be it.
Quote:
Trickle down is the wrong way of describing it.
Where there is commerce and trade, there can be a knock on effect germinating new industries. Lateral rather than down is more accurate.
The point is it is not 100% guaranteed, and each sector is unique. However it much, much more likely to happen where you have diverse sectors, and yes it happens all the time.
What traditionally governments have done on both sides of the political spectrum, is to look at one or two multinational to provide all the jobs in an entire industry. This is a greatly flawed strategy, and very vulnerable.
Guess why these new industries exist? To make more money out of common people (at least in the US).
29 Apr 2014, 12:28 am
