LOV or LTV
by Romain Kroes
03 February 2002 14:48
> Crudely, the difference between LTV and LOV is the difference between a
> simple equation, which may indeed be weak nourishment, and a dynamic
system.
>
> IMHO
>
> Chris Burford
I agree with the authenticity of LOV rather than LTV. Nevertheless, a
"simple equation" may match a model of a "dynamic system", as follows.
In 1911, F. W. Taylor observed that "the history of the development of each
trade shows that each improvement, whether it be the invention of a new
machine or the introduction of a better method, which results in increasing
the productive capacity of the men in the trade and cheapening the costs,
instead of throwing men out of work make in the end work for more men" ("The
Principles of Scientific Management").
^^^^^^^^
CB: The problem I see with this is that increasing productive capacity of the men in
the trade or increase productivity would seem to be defined by fewer human labor time
per unit commodity. How can that result in more work for men (people) ?
