[net.politics] Money not wasted on silos and

moore@ucbcad.UUCP (12/06/83)

#R:csd1:-13600:ucbcad:21900002:000:1877
ucbcad!moore    Dec  6 02:26:00 1983

Firstly, this isn't net.flame, so why be so arrogant and caustic in
your writing?  It certainly isn't an aid to communication.

Secondly, your arguments about resource wastage are not to the point,
you dismissed the perhaps overly colorful heat engine argument
too quickly.  We can view the problem as the government invests
a certain amount of resources, represented by money, in the
economy and eventually these resources are consumed and turned
into rusting missiles, sewage, smog, etc.  The question is then
not whether these resources will be wasted, eventually everything
will be turned to sludge, but rather how much happiness is 
generated by the consumption of these resources. (Here, I believe
at your suggestion, I approximate happiness by consumption of 
consumer goods by the citizen.)

Giving these resources directly to the consumer is not necessarily the
best. Spend $1000 on food and you get $1000 in satisfaction and some
sewage.  Spend $1000 on inventing and/or buying a plow, and not only do
you get the most of that money back in the form of wages, but $100,000
in increased productivity.  The ideal method would be one that would
hire many people, increase productivity a great deal, and use as little
raw materials as possible.  This is where space exploration and at
least weapons development are good investments.  There are very labor
intensive, involving the hand building of essentially one-of-a-kind
prototypes.  They are research intensive:  look at all the technical
byproducts of the Apollo program.  They are capital intensive: a great
deal of Silicon Valley's productivity was capitalized through
military/aerospace spending.

	So it is not a question of resources being used, that is going
to happen no matter what, the question how efficinetly they will be
used for the production of happiness.

	Peter Moore (moore@Berkeley, ucbvax!moore)