apptech wrote: > Even if you hate laying people off, you are liable to lay off more people > than the total saist who works in your loading dock. I'm sorry, I don't follow. Are you saying this to justify the general disdain toward managers? > I was talking about people's avarice and stupidity generating 'speed > wobbles' - Smith somewhat and the Bible largely in the case cited were > talking about 'natural' variability. God knows how they affect the system. > Fortunately. So then you admit that it is natural for economic cycles to happen? I accept your apology. ;-) >> Despite the ups and downs, the general trend is up. In capitalist >> societies, >> each generation is wealthier than the one before it. That is why I'm >> hopeful >> about the future. > > Um. > I do hope that you are correct. > "Long" can have different meanings. > What's the oldest known continually existent capitalist society? Great Britain, AFAIK. > Are there older ones that are non-C Good question, I don't know. Certainly not communist or socialist, but maybe some sort of feudal society in the middle of nowhere? IIRC, China had basically the same economic system longer than anybody else (thousands of years), until it became a republic. > (I don't know the answers to those questions). > I know Giggle would help me look erudite on such nut it's more time > efficient and fun to await an in house lecture :-). Not from me, I'm supposed to be working. :) Vitaliy -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist