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To: Taliesan
There is no such "equlibrium". There is no such law of economics.

Bullshyt there isn't!

In order to produce goods in any quantity, there must be proportionately sufficient available buyers with economic capacity to buy those goods. That means that the laboring force in industries must be paid wages sufficient to buy most of what they produce, or something comparable, in order for those industries to survive. As a practical matter, any industrialized market economy run with poorly paid workers will collapse or stagnate for lack of a market for the goods it produces. Mass production requires mass market requires mass decent wages.
Learn something.
63 posted on 02/18/2004 5:53:09 AM PST by StatesEnemy
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To: StatesEnemy
That paragraph just repeats what you already said.

Again, there is no economic law concerning the equilibrium between profits and wages. Obviously, no company will produce a product that no-one can buy. This mythical america where rich companies are producing products that no-one can buy is just another fantasy from those who, for some mysterious reason, HAVE NEVER BEEN ABLE TO GRASP THE BASICS OF ECONOMICS.

85 posted on 02/18/2004 6:04:28 AM PST by Taliesan
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