Quote:
Originally Posted by Patriam1066
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My point was you can’t steer resources towards a goal in an entirely command economy because there will be no excess resources. People buying useless shit like 100,000 cars assembled in BMW plants in South Carolina allow us to have surplus Dollars American to fund research
Hope this helps. Please don’t make decisions without first consulting your friendly neighborhood persian or Armenian
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It was everybody buying a Ford that built that developed America. Not a handful buying multiple Europeon sports cars.
We actively take money from the private economy -- right now -- and spend it on research. It's that research tends to be bombs, planes and ships we don't need.
We don't have to go all the way to command economy to redirect resources into more productive areas.
BTW not all rich are equal on a macro-scale. Some are just complete speculative leeches that should probably be taxed out of their line of work. Which was my point on the trail-lawyer quip.
The beautiful thing about truly talented wealth-seeking workaholics is they simply do whatever yields the most for them within the parameters you give them to function. If Wallstreet speculation paid less, less would do it.