baba@spar.UUCP (Baba ROM DOS) (02/28/85)
> >You make a false assumption: wealth is not bounded. There is > >NOT a finite amount of wealth that has to spread around subject > >to some set of social/economic constraints. Given the right > >policies (FREE market), wealth is easily created, raising > >everyone's standard of living. In doing so, our freedom and > >security is enhanced. > > > > Steven Ashby > > Except for the a priori assumption of what constitutes "the right > policies", this is dead on. We get the driving power for generating > wealth mainly from the sun (and a little from nuclear fission), and > we generate it by organizing materials or people. So long as the > resources are sufficient, we can be as wealthy as we want (as a society). > > Martin Taylor The creation of wealth requires resources and/or labor. The *potental* wealth of a society may be unbounded, but at any given point in time there is a finite (but not static) quantity of wealth to work with, regardless of what policies are used. An unbounded function should not be confused with one that maps everything to infinity. Baba