I”m not much of an economist but I”ve been reading a little about economy in the Encyclopaedia Britannica and here”s what it looks like to me.
Our country”s economy seems to go along with the investor”s of capital finding something people want and investing money in labor and equipment to produce it.
The consumers who buy it are the workers who make it (speaking very generally, just to clarify example) and they can buy it only if they are paid enough money for making it.
The investors try to get the workers to make the product for as little money as possible and also get them to pay as much money as possible for the purchase of it.
The strategies of the investors to accomplish this include managing the government by bribery, even getting them to make it legal to use unlimited bribery to make the “statesman” obligated to them (I didn”t get all this from the encyclopedia), thereby reducing our erstwhile democracy to a mere plutocracy.
And not only have they learned from World Wars I and II to enrich our fallen foes (another form of bribery), but they have now learned to bribe the consumer/worker with gifts of money (I forget what they call it) and household equipment (refrigerators and light bulbs).
Actually the whole business might not turn out to be a bad way to go.
Of course, it”s not democracy, but … well, I got a new refrigerator and a whole bunch of light bulbs.
Dean Sparks
Lucerne
