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RE: Concentration of Wealth and Power Under Capitalism

in #economics7 years ago (edited)

All this talk of the cost of labor. Until we reach a technological capability to end the necessity of human labor to produce goods and services, we will continue to need a way to measure the value of what each of us brings to the production counter, separately.

But in actuality, costs will never be zero and as I've said repeatedly, people will always “Feel” as if their education, breeding, charisma, talents, etc., demand more appreciation than the next guy and this jealous attitude will always work to kill the utopian system.

There has to be competition and strife in everything we do to make things worthwhile and to prove ourselves at least to ourselves in order to gain acceptance of our position in life and our individual purpose in it. And "Communism suppresses that human need for competitive misery".

re: the movie Matrix.

https://steemit.com/anarchy/@adconner/eisenhower-economics-to-government-subsidies