-Caveat Lector-
At 08:16 PM 1/5/99 EST, Gerald Harp wrote:
> -Caveat Lector-
>
>In a message dated 1/5/99 2:03:42 PM Eastern Standard Time,
[EMAIL PROTECTED]
>writes:
>
>> >
>> > CAPITALISM: You have two cows. You sell one and buy a bull.
>> >
>
>This single line for capitalism which makes it sound like a right smart
system
>while the alternatives are described with multiple sentences and none too
>flatteringly is not well balanced. I don't know what the right add-on should
>be but as it is,
Here's my take:
CAPITALISM (PURE & UNBRIDLED): You have two cows. You would like to sell
one and buy a bull, but your neighbor owns all the bulls and isn't selling.
Your neighbor keeps enlarging his herd, forcing the price of milk down
until you're forced to sell your cows to your neighbor. Then the price of
milk is raised and your only choice is to go to work for your neighbor for
substinence wages. Eventually you find yourself living in a shack that
your neighbor owns, shopping in a store your neighbor owns, and in debt up
to your ears to your neighbor. If you think this is feudalism, remember
that you're free to leave, as long as you pay your debts.
CAPITALISM (AMERICAN STYLE): You have two cows. You fill out lots of
paperwork and go in debt to buy the equipment you need to receive USDA
certification. You can only sell milk at a price set by an arcane
government formula based on your distance from Wisconsin. Some of the
milk you sell is made into cheese and winds up in a government warehouse.
To compete you buy antibiotics and bovine growth hormone from a large
pharmaceutical corporation. To enlarge your herd you buy bull sperm from
a large agribusiness. To feed your herd you buy cattle feed from another
large corporation. Despite your best efforts you wind up heavily indebted
to the local bank, and your kids move to the city to be something besides
dairy farmers.
CAPITALISM (REIGNED IN BY ADAM SMITH'S MYTHICAL IDEAL "INVISIBLE HAND OF
GOVERNMENT"): You have two cows. You sell one and buy a bull.
Che
>When does the next millenium begin?
Since a millennium is 1000 years, the first millennium began at
the start of the year 1 and ended at the end of the year 1000.
The second millennium then began with the year 1001 and will
conclude at the end of the year 2000. Therefore, the next
millennium begins with the year 2001.
from: National Institute of Standards and Technology, Time and
Frequency FAQ - http://www.bldrdoc.gov/timefreq/faq/faq.htm
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