Sunday, August 12, 2012
Responding to the quote below:
Whether we like it or not, we're going to move away from manufacturing towards a service based economy
There's the problem in a nutshell. Whenever we think of any activity that earns money, we have to ask ourselves, "How does this add value?" Measured in terms of fulfilling actual human needs as opposed to simply drawing attention and cash, the only activities that actually add value are farming, manufacturing and transportation. Everything else is a matter of trading cash for vapor.
Thinking that the American economy can make do without actually producing anything is the number one fundamental problem with out current economy. It's also the number one topic that everyone refuses to talk about.
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