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To: Asclepius
(yet we produce more manufactured goods than we ever have)

Source please.

5 posted on 08/06/2003 7:09:59 PM PDT by Archangelsk (Whither goes the airline business, whither goes the economy.)
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To: Archangelsk
Source please.
Drucker's book, _Managing in a Time of Great Change_. But the Drucker article anthologized in the book merely surveys data readily available elsewhere. We simply have an economy many, many times larger than we ever had during our so-called industrial era, so even though we produce less as a percentage of our total output, we produce more in terms of manufactured goods than we ever, ever have. Couple that with a frightening, bone-chilling leap in our labor-yield that we achieved during the eighties and nineties, a leap in the labor-yield such that it takes far fewer of us to produce far, far more of the good things of this world (e.g. only two percent of us work the land, yet we produce more food than we ever have, more than we can possibly ever eat, enough to feed most of the world--we produce so much and so cheaply that our farmers are going bankrupt right and left).
7 posted on 08/06/2003 7:19:01 PM PDT by Asclepius (karma vigilante)
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