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To: A. Pole
Cheap labor INHIBITS innovation - look at ancient Egypt and slave based civilizations

My candidate for the stupidest FR comment of the week.

Do you understand the difference between voluntary and involuntary? Between freedom and slavery? Cheap labor isn't coerced - it's the reason why tens of millions of formerly destitute people are now enjoying a standard of living that once unthinkable on such a scale. It was the engine that drove the Industrial Revolution - and as wealth was created, wages also rose, and workers were able to buy those things they first only helped to assemble - resulting in even more economic growth, better working conditions, and freer people. Read some basic Economics - Hayek, Friedman, von Mises, even Samuelson, for Pete's sake.

134 posted on 04/05/2005 7:17:14 PM PDT by andy58-in-nh
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To: andy58-in-nh
Cheap labor isn't coerced

Actually it can be and very often is, under the guise of "voluntary" contract. It can be done in number of ways.

Read some basic Economics - Hayek, Friedman, von Mises, even Samuelson, for Pete's sake.

Hayek, Friedman, von Mises represent a certain ideology. BTW, why this qualification "even" about Samuelson? Are his credentials in "basic Economics" suspect? Why?

138 posted on 04/05/2005 7:45:32 PM PDT by A. Pole (Sun Tzu: ""Foreknowledge [...]cannot be found out by calculation. It must be obtained from people.")
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To: andy58-in-nh; jpsb

Allright, you think A.Pole's comment is stupidest. jpsb thinks that SamAdams76 is the dumbest. I myself have thought that The Great Yazoo and oldbrowser were vying for the honor, but I think in deference to the passing of the Holy Father I have to nominate On the Road to Serfdom.

"Wal-Mart has done more to help the poor than the Catholic Church"


175 posted on 04/05/2005 9:34:32 PM PDT by Eagles6 (Dig deeper, more ammo.)
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