From: Rafal Smigrodzki (rafal@smigrodzki.org)
Date: Tue Aug 12 2003 - 15:04:09 MDT
Randy wrote:
> Lee Corbin <lcorbin@tsoft.com> said:
>> Right here, even the US is not really hurt by sending jobs
>> oversees where they can be done more cheaply and efficiently
>> because the American consumer is then so much better off.
>>
>
> I do not see any evidence of that. In fact, common sense tells me
> that the opposite would happen--we would be worse off.
### Common sense tells me that if I own an American company (and I own many
hundreds), I will be better off if they make more money for me.
Additionally, since the cost of labor in the US might drop (as it already
started to, in some medical specialties), I might eventually be able to
afford the services of a gardener, from the proceeds of my earnings which
became capital.
I gain both ways.
----------------------------------
>
> "Working" per se should not be our goal. Instead, getting the maximum
> wage per hour worked should be the goal. Imagine if I went applied
> for a job at bakery, and the employer offers me $10/hr, and I
> counter with an offer of $5/hr, saying that since I buy bread, I will
> benefit from the lower prices!
### Neither should be our goal.
Fulfilling the maximum amount of human wishes with the minimum amount of
labor, this should be the goal (in fact, it is, right at the very bottom of
almost everyone's goal system). Translated into everyday economy it means
getting the most done with the least labor and no force or fraud (because
these are by definition reducing the net amount of wishes fulfilled).
Getting the maximum wage per hour will get you the pre-Nazi German answer -
inflation, bags of money, and unfulfilled wishes.
Rafal
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