05-06-2003, 12:40 AM
"The American system is very productive, but perhaps does not attain the overall standard of living it is capable of. This is probably the fault of both the rich and the poor"
Organic systems never attain what they are "capable" of.
The best you can hope for is a system that reacts to itself and readresses its actions in pursuit of its goal.
Our economic system(a buffered capitalism) does this in respect to total wealth. It does not do this in with direct respect to "standard of living".
However no system in the world matches our standard of livng over time(by over time, I mean you must consider the number of immigrants whos standard is raised here when you compare us to other countries with a high standard.)
I beleive it is appearent that "standard of living" it self is not able to drive an economy to its own benifit near as well as "wealth ; is.
Organic systems never attain what they are "capable" of.
The best you can hope for is a system that reacts to itself and readresses its actions in pursuit of its goal.
Our economic system(a buffered capitalism) does this in respect to total wealth. It does not do this in with direct respect to "standard of living".
However no system in the world matches our standard of livng over time(by over time, I mean you must consider the number of immigrants whos standard is raised here when you compare us to other countries with a high standard.)
I beleive it is appearent that "standard of living" it self is not able to drive an economy to its own benifit near as well as "wealth ; is.