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Path: utzoo!laura
From: laura@utzoo.UUCP (Laura Creighton)
Newsgroups: net.politics.theory
Subject: Re: Widgets Redux
Message-ID: <5304@utzoo.UUCP>
Date: Wed, 20-Mar-85 14:45:29 EST
Article-I.D.: utzoo.5304
Posted: Wed Mar 20 14:45:29 1985
Date-Received: Wed, 20-Mar-85 14:45:29 EST
References: <377@enmasse.UUCP>
Organization: U of Toronto Zoology
Lines: 15

Your scenario doesn't quite work. If J-S gets rich because his machine
makes lots of widgets, he will soon flood the market. Everybody can't
work 6 days a week at making widgets, whereas before they worked 3, and
make widgets at a faster rate than before -- where is the market for
widgets? It will have dried up by now. (now, people could go from making
widgets 6 days a week slowly to 3 days a week with J-S's machines and
all get 3 days off, and assuming that the machine halves the time to make
widgets, and ignoring other factors, this should work out.)

The people in Libertaria will have to find something else to work at
if improved widgets force them out of business and they cannot get hired
because enough widgets are already being made. But what is wrong with that?

Laura Creighton
utzoo!laura