Rshermr
VIP Member
With automation, and mergers and acquisitions, and outsourcing, workers are getting squeezed. Managers are getting squeezed. But the Top Management are getting richer and richer. Fewer companies mean fewer jobs. Outsourcing means fewer jobs here. And Automation continues to replace workers with machines.
So, under laisses-faire competition, what is the result?? Fewer jobs, more competition for the jobs that exist and lower earnings for workers.
Lower costs and higher profits for corporations.
Mergers and acquisitions mean higher prices and higher profits again, for corporations.
So, the result is a two tier economy, and population. The very few very wealthy. And the very many and very poor workers. That ends up being the end result, without intervention, of Laisses Faire competition. Along with a few middle wealth people, accountants and lawyers, and other professionals. But, all are scrambling for a very few jobs.
On the road to libertarianism. Not quite there, but pretty well committed. So what happens next?? It will not be pleasant, but people will not put up with it. There may be violent revolt. Or it may be a slow healing, over decades, under nonviolent revolution. But revolution it will be. Because people will not live that way.
Any great IDEAS?? Cause you, and I, will NOT like the result. Nor will the cons on this site, though they will not believe they are not part of the chosen ones. Ever here of Somalia???
So, under laisses-faire competition, what is the result?? Fewer jobs, more competition for the jobs that exist and lower earnings for workers.
Lower costs and higher profits for corporations.
Mergers and acquisitions mean higher prices and higher profits again, for corporations.
So, the result is a two tier economy, and population. The very few very wealthy. And the very many and very poor workers. That ends up being the end result, without intervention, of Laisses Faire competition. Along with a few middle wealth people, accountants and lawyers, and other professionals. But, all are scrambling for a very few jobs.
On the road to libertarianism. Not quite there, but pretty well committed. So what happens next?? It will not be pleasant, but people will not put up with it. There may be violent revolt. Or it may be a slow healing, over decades, under nonviolent revolution. But revolution it will be. Because people will not live that way.
Any great IDEAS?? Cause you, and I, will NOT like the result. Nor will the cons on this site, though they will not believe they are not part of the chosen ones. Ever here of Somalia???
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