loosecannon
Senior Member
- May 7, 2007
- 4,888
- 269
- 48
What exactly is our share? I've allways wondered exactly what that means. Does the fact that we produce more than all of Africa, and Australia and New Zealand and Europe not mean we deserve more than them? I allways thought that wealth was based on how much and how hard you worked?
Productivity has little to do with hard work. It has mostly to do with existing capital improvements like automated machinery and processes as well as infrastructure. You knew that.
How the fuck do you suppose a company pays to purchase or develop automated machinery? People do not start businesses with huge capitalization. They work their asses off, making a product with rudimentary tools to be able to afford that first machine and then they work their asses off to keep it busy.
however the definition of capitalism is that they do indeed start with copious volumes of cash. Everybody who doesn't have copious volumes of cash gets weeded out long before the industry reaches maximum automation.