Zoomie1980
Senior Member
- Jan 16, 2008
- 1,658
- 128
- 48
First of all, who cares about a 'Free and open Market'? How about a "Fair" market. The economic 'free for all' that has gone on in this country is the cause of the present and many past economic crisises. It is nothing but legalized thievery. The creation of wealth, the value of services and the distribution of capital are completetly unrelated in this country.
Secondly, engineering innovation is extremely important to a dynamic economy and their is no doubt it may be the most valuable commodity that any soceity may have. But engineers are not very well paid as compared to doctors, lawyers, accountants or business execs., etc...They are the bottom of the barrel of the white collar workers. The only engineering field that has seen considerable growth in the last ten years is in the IT field. Hell, that's why I switched from electronics to IT. I don't even think that IT work should be considered 'engineering', except for a tiny number of microprocessor designers and the like.
Thirdly, engineers are most closely related to labor and are part of the production process. In fact they are the leaders of production.
Fourth, the distribution of wealth in this country is based on maintaining the socio-economic order and has NOTHING to do with the real wealth that a person contributes to society. The economically advantaged taking advantage of the economically disadvantaged. Houses are wealth, cars wealth, sewers are wealth...etc. All are made by labor intensive production.
Lawyers, accountants and business people do not create wealth, they just suck it up. Doctors potentially have huge value to a society, but do not create wealth. Unfortunately, the quality of health care in this country is so poor that Doctors are only worth about one tenth of what they are paid.
The Russian empire was a capitalist country, with wealth distribution very similar to the present day U.S. It was an economic disaster. The Soviets shot & imprisoned the wealthiest and reordered the distribution of wealth in favor of labor. The Soviet Union quickly became one of the most economically powerful societies the world has ever known.
If it weren't for the rise of LIBERAL democracy, which also heavily favored labor, the Soviet Union WOULD HAVE BEEN THE GREATEST ECONOMIC SUCCES IN HISTORY.
It was only the rise of labor friendly liberalism ,that was so incredibly successful, that the success of the Soviet Union was entirely overshadowed.
If we had stayed with Free Market supply side economics from 1930s thru 1970s, we'd all be calling each other 'Comrade' right now.
The collapse of the Soviet Union was an ECONOMIC collapse. It was one of the greatest ECONOMIC CALAMITIES in human history. A complete collapse and failure of the state run, collective model. The most successful economic experiment of all human history.....the post WWII United States, and that is not even debatable.