Forum Post: economic integration
Posted 11 years ago on March 8, 2013, 10:53 a.m. EST by agkaiser
(2547)
from Fredericksburg, TX
This content is user submitted and not an official statement
If the economy can be described by integration, the lower bound of that economic integral may be taken to be: everyone does their own work. Each individual works to gather or make everything he/she needs to live. The upper bound is reached when we all live off the work of others. That is: we are all investor/owners and nobody works for us.
The lower bound is possible and existed for millions of years for our predecessors, both human and earlier proto people. The upper bound, like infinity, exists only in the imagination. The real economy today and any day is represented by a zero sum equation. The goods and money, which represents them, that are owned by the masters cannot be owned by the rest of us. If they take an ever larger percentage for themselves, the greater the pie grows, the smaller our relative share will become.
http://www.agkaiser.org/posts-2008/p08-Dec-6.pdf
See how it works: https://www.createspace.com/3852916
The ghost of Milton Friedman is shrieking.
I wonder if the delusional among us will join him?