And just why has the manufacturing base of the US been eroded? hint: don't try to blame the workers
On Dec 12, 12:52 pm, Clogtowner <[email protected]> wrote: > Hi y'all - to put it in a nutshell, the manufacturing base of this > country has been eroded to the point where all tokens outside the > casino are worthless. Even the eucharist is only worth half its > original value and it is made in China. > > On Dec 12, 2:23 pm, "Jason (Memphis)" <[email protected]> > wrote: > > > > > Some of those statements are extreme such as claiming that no regard > > was taken for the long-term production, etc. > > > On Dec 12, 2:20 pm, "Jason (Memphis)" <[email protected]> > > wrote: > > > > I sent this as a letter to the editor for the Memphis Flyer, which > > > will hopefully generate some more discussion. I just based this off > > > of "The Token Economy: A Motivational System for Therapy and > > > Rehabilitation" by Teodoro Ayllon and Nathan Azrin. It may not > > > entirely fit but experimental analysis of how to motivate people to > > > engage in tasks by giving them slips of paper with token values may > > > serve as an okay model for our economy as a whole. > > > > Jason > > > > "OUR TOKEN ECONOMY" > > > > I think that most people understand what is happening with our > > > economy. You can conduct a complex analysis of the equally > > > complicated market but the simple truth still plays a major role, that > > > is, our tokens (money) are exchanged for wanted goods and services. > > > Since we no longer support the gold standard, our tokens will be > > > worthless in the United States and the world economy if valuable goods > > > and services can’t back them up. > > > > As I see it, a few major mechanisms are at play. First, big > > > government has created a massive and expensive bureaucratic system, > > > which the private companies and taxpayers must support. You need > > > government but our government can’t and shouldn’t be expected to do > > > everything. Second, Wall Street has accumulated too many tokens in > > > the hands of too few individuals and these Wall Street individuals > > > have given these tokens to other individuals who aren’t producing a > > > lot of goods and services in exchange for these tokens—bad > > > investment. Remember that token values are primarily based on what > > > goods and services can be exchanged for these tokens and the tokens > > > themselves are inherently worthless. Third, Wall Street and the > > > average investor have liquidated many production institutions > > > (companies) through mergers and other schemes to gain quick profits > > > without any regard to the effects on long-term production of valuable > > > goods and services. Fourth, Wall Street and the average investor have > > > undermined the free market forces by determining (in contrast to > > > allowing buyers to control) the fate of a company by its ability to > > > make a fast profit while ignoring its ability to produce value goods > > > and services. This climate has lead to an obsession with tokens and > > > a blind eye to what makes those tokens valuable: accompanying goods > > > and services. > > > > In my opinion, we need to focus on the basics. First, the government > > > has no choice but to inject tokens back into workers’ pockets to avoid > > > freezing the financial systems or disrupting the delicate exchange of > > > tokens for good and services. Second, we should (once again) focus on > > > producing valuable goods and services. That means that we have to > > > continue to acquire skills and work hard with the more people working > > > (instead of social-loafing) the better. Third, we cannot continue to > > > act as if more tokens without accompanying sellable goods and services > > > will somehow increase the value of our tokens. That is unrealistic. > > > If money determined a country’s wealth, each African country could > > > become extraordinarily wealthy by solely manufacturing paper and > > > coined money. > > > > In sum, we need to start focusing more on the production of valuable > > > goods and services and respect but stop obsessing over tokens.- Hide > > > quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Memphis Freethought Alliance" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/memphisfreethoughtalliance?hl=en -~----------~----~----~----~------~----~------~--~---
