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Reply With QuoteNifty Stuff.
Modern civilization is such a delicate thing.
So many different processes and specializations are needed even to make a toaster.
Here's a video that illustrates the beauty of trade.
"So little pains do the vulgar take in the investigation of truth, accepting readily the first story that comes to hand." Thucydides 1.20.3
Nifty Stuff.
Modern civilization is such a delicate thing.
So many different processes and specializations are needed even to make a toaster.
For Gallifrey! For Victory! For the end of time itself!!
note that specialization requires a certain population base. it probably takes a population of around 250-300 million people to have one microchip plant, for instance. we don't have all that many and given worldwide trade we're working off a population base of 6 billion.
The human mind cannot grasp the causes of phenomena in the aggregate. But the need to find these causes is inherent in man’s soul. And the human intellect, without investigating the multiplicity and complexity of the conditions of phenomena, any one of which taken separately may seem to be the cause, snatches at the first, the most intelligible approximation to a cause, and says: “This is the cause!"
-Leo Tolstoy
War and Peace
We can probably build an AK in 19th Cent. though. Maybe.
All those who are merciful with the cruel will come to be cruel to the merciful.
-Talmud Kohelet Rabbah, 7:16.
On the flipside, each nation who participates in this has the threat of increased economic vulnerability.
So it's better to live poor?Originally Posted by Lonekommie
"So little pains do the vulgar take in the investigation of truth, accepting readily the first story that comes to hand." Thucydides 1.20.3
So, if configured or balanced properly then don't all those threats cancel themselves out ?
Do see the idea at play here, it first started out with cities alone, then moved to the country level, then within blocs and now its going international. Building links or bridges if you will, social, cultural, economical and even defense, all over the world.
Last edited by Double Edge; 26 Jan 11, at 21:20.
You know, I should buy my own generator. I don't want to rely on the grid. That makes me vulnerable.
I should have my own cows so I can make my own butter and cheese. Don't want to rely on the market due to price volatility.
I should have my own silicon fab. I don't want to rely on the market for my computer.
"Only Nixon can go to China." -- Old Vulcan proverb.
Technology has been the servant of the rich nations only, why is this inequality.......this has been the reason why the unrest has risen beyond the control of nay nation.WE as human being have equal right to the technology as every one o us has contributed in this knowledge thats developed to the current stage, then why the fruit is only for the rich and cruel nations......why.......
Because we can afford it.
"Only Nixon can go to China." -- Old Vulcan proverb.
Maybe you might expound a bit on the notion of comparative advantage and how that plays into our connected global economy? That's what I'm sort of drawing from the presentation.
"This aggression will not stand, man!" Jeff Lebowski
"The only true currency in this bankrupt world is what you share with someone else when you're uncool." Lester Bangs
It's a nice sentiment, but the reality is different. A cashew farmer in Belize has contributed cashews, while an engineering team at Intel created modern microprocessors. The distribution of cashews and pentium chips is based upon free world markets. This isn't some nirvana where every human being on earth gets all sorts of cool stuff just because they have human DNA.WE as human being have equal right to the technology as every one o us has contributed in this knowledge thats developed to the current stage,
So yes, the cashew farmer has the right in the sense that if he can afford a PC, as Gunnut mentioned, he can get one.
I appreciate the personal touch you give to your spam.
I enjoy being wrong too much to change my mind.
Steve,
More to follow later, but here are two articles that I'll refer to in a later post:
http://www.worldaffairsboard.com/pac...oblems-wi.html
http://www.worldaffairsboard.com/att...07-varian-.pdf
"So little pains do the vulgar take in the investigation of truth, accepting readily the first story that comes to hand." Thucydides 1.20.3
"More to follow later, but here are two articles that I'll refer to in a later post:"
Fascinating. The implications, of course, are astounding as issues like trade deficits (real or imagined) have profoundly broad policy impact. To use the Iphone as example and determine true costs by nation is immensely complex as the number of components must be evaluated for material/labor costs at each manufacturing station along the production pathway with profits separated-some of which are retained earnings and others re-invested somewhere within each corporate structure.
The level of transparency necessary, therefore, to generate truely accurate trade data is also a factor.
Every reason to believe we've no clue who's trading what to whom and at what actual cost.
"This aggression will not stand, man!" Jeff Lebowski
"The only true currency in this bankrupt world is what you share with someone else when you're uncool." Lester Bangs
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