on money (in the abstract)

[Joseph Tracy]

On Nov 25, 2011, at 5:52 PM, alice wellintown wrote:

> In China, or India, wages are much better. Things are getting better
> all the time for a good many people. This can't happen for the rich
> and the poor. So get used to it.
Cheap labor, large doses of capital, and corrupt expropriation of land from the poor and politically non compliant are a big part of that picture; if the prosperity of some is dependent on the injury of others it isn't the generation of wealth, it's theft. India has also had wildly increasing rates of suicides among farmers,  massive doses of religiously based killings and theft .  etc. The real question is whether a sustainable economy is emerging or a temporary bubble followed by rising oceans, poisoned ecosystems and wars.  

 Everybody's already used to it. I don't see it as evidence of wisdom to get used to it.   

> 
> On Fri, Nov 25, 2011 at 5:49 PM, alice wellintown
> <alicewellintown at gmail.com> wrote:
>>>> by labor itself, but also by the government, by religious groups, by
>>>> veteran groups, by immigrant groups, and yes, by business, and by
>>>> general paranoia and rational and irrational actions of ordinary men
>>>> and women (the same kinds of focres that cause bubbles in markets).
>>>> 
>>> 
>>> thanks be to ye Divine that we are so much saner today!
>> 
>> The cartells are craking. The oililmen, labor (labor is a cartell),
>> the wall street grip on finance...the catells that restric supply and
>> keep prices/wages higher are cracking.
>>