Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ClearCase_guy; muawiyah

This is exactly the discussion I’ve been trying to have with people as well. Same issue is what caused the “family farm” to struggle in the 80’s hard to compete with automated GPS controlled machines working on thousands of acres when your using manual machines on hundreds of acres.

The basis of patent timing was original based on the premise that it took approximately 17 years to train an apprentice and therefore the apprentice would be one of the first after the initial inventor to be able to utilize a new technology-giving the inventor productivity advantages over competitors during that time period, but no over the new apprentice beyond that period.

This is why inflation is such a double hazard - we should through technology be seeing production deflation by definition through efficiency. Instead we not only see a maintenance in price, but an increase.


49 posted on 10/27/2010 7:40:34 AM PDT by reed13 (The only thing necessary for the triumph of evil is for good men to do nothing.")
[ Post Reply | Private Reply | To 11 | View Replies ]


To: reed13
Less need to carry people on the payroll.
Plenty of stuff being produced, by a smaller crew of workers.
Higher prices for stuff in the stores, due to inflation.

So, lots of unemployment, while food and other stuff goes up in price. Bad situation for the underclass, and probably the middle class. Sadly, a lot of people will demand more socialism as the solution.

I'm not really sure what the solution is. But I think we have a problem.

52 posted on 10/27/2010 7:46:49 AM PDT by ClearCase_guy
[ Post Reply | Private Reply | To 49 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson