08-14-2019, 11:58 AM
(08-14-2019, 10:57 AM)Hintergrund Wrote: If the state had decided to buy up the surplus production... Suffering under the lack of something is worse than the opposite.
That only works under limited circumstances. Some of that occurred in the 1950s and 60s, when the government bought excess food and either stored it or shipped it overseas. They did the same with some manufactured goods too. Caterpillar was a prime example at the time. The difference: the trouble wasn't lack of demand. It was lack of wherewithal. When pay in the economy finally started to meet the needs of families, that process declined. Producing more than is needed is a different animal.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.