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Reply #71: Mere labour alone does not create wealth. [View All]

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PavePusher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:08 PM
Response to Reply #66
71. Mere labour alone does not create wealth.
Robert Heinlein has a short but very demonstrative lecture on this in one of his books.

Basically, the labour has to increase value of the product.

Note also that very basic economics dictate the result here. Assume the government hired every job-less person today. Where would their salaries come from?

No-one has said "everything private is good" except you. But it is true that too much "public" is ruinous. Hello, Greece.
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