SCI and ECON Nanotech

Lyle Burkhead (
Mon, 23 Sep 1996 04:57:17 -0500 (EST)

Dr. Rich Artym writes,

> Have a ponder about the Guy Fawkes scenario or about
> total honeycombing of the Earth's crust with
> communication, water and raw-material pipelines,
> and then try to deliver your message of "no major change".

Wait a minute. This is equivocation. No major change in what?
Our economic situation? Of course honeycombing the earth
would change our situation, just like the Erie Canal did, just like the
construction of railroads did.

But honeycombing the earth would not change the economic system
itself. Any such project would take place *within* the economy.
Nor would it have any effect on the laws of economics.
Honeycombing the earth wouldn't change the laws of economics
any more than it would change the laws of physics.

If you assert that Genies will exist, then that would imply a change
in the economic system. Genies amount to the same thing as slaves,
and a slave-based economy does differ from a capitalist economy.
But even postulating Genies does not change the laws of economics.
A slave-based economy follows the same economic laws that apply
in any other economy.