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Author Topic:   Thank You Adam Smith.
ThingsChange
Member (Idle past 5948 days)
Posts: 315
From: Houston, Tejas (Mexican Colony)
Joined: 02-04-2004


Message 65 of 124 (347238)
09-07-2006 8:28 AM
Reply to: Message 53 by Phat
09-06-2006 8:49 AM


Re: The Wealth Of Nations is the bankruptcy of Culture
Phat writes:
Open reciprocity was very simple. If I lived near a forest and you lived near the sea, I could provide you with wood in exchange for you providing me with fish.
Yeah, but a another guy is offering me less wood but is also offering bananas, which you cannot offer. Sorry, but I'll trade with him.
Phat writes:
It became complicated when money was invented. For one thing, the reciprocity became fixed and closed.
Just the opposite! Money is a flexible exchange medium, whereas wood and fish are not! That's why it is preferred over barter (other than avoiding taxes)
I dont like it when the marketplace drives the prices. It means that I have to work for less because some cheap labor is willing to work less.
And why is the other person willing to work for less? Maybe because he/she has needs more than you. Maybe you have more because of others' hard work before you were born.
You are blaming the wrong thing. Corruption is the biggest problem. That is why Mexico is a failure and their citizens seeking work here (along with their thugs). Corruption and lack of incentive for workers is why communism fails.
Don't worry, though. The flood of uneducated people from culture-of-corruption Mexico will drain America and bring us down with them. The Democrats would rather have more votes than save the country, and the Republicans would rather have cheap labor. Neither one is representing what the citizens want (i.e. stop the flood and don't make them citizens).

'Liberalism is a mental disorder' - Michael Savage

This message is a reply to:
 Message 53 by Phat, posted 09-06-2006 8:49 AM Phat has not replied

Replies to this message:
 Message 66 by nator, posted 09-07-2006 8:50 AM ThingsChange has not replied
 Message 72 by joshua221, posted 09-07-2006 8:00 PM ThingsChange has not replied

  
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