Personman - Latest Comments on Berry on competition http://personman.com/?disp=comments en-US http://backend.userland.com/rss 60 Henry [Visitor] in response to: Berry on competition Tue, 29 Mar 2005 14:30:14 +0000 Henry [Visitor] c1247@http://personman.com/ <p>he has definately hit upon a problem of capitalism. Whether or not he is accurate in his dipiction remains to be seen</p> he has definately hit upon a problem of capitalism. Whether or not he is accurate in his dipiction remains to be seen

]]> http://personman.com/berry_on_competition#c1247 Henry [Visitor] in response to: Berry on competition Tue, 29 Mar 2005 14:26:46 +0000 Henry [Visitor] c1246@http://personman.com/ <p>I am working thru something like this right now. I am reading <i>Socialism: Utopian and Scientific</i> by Engles. He refers to the relative surplus population as the industrial reserve army.</p> I am working thru something like this right now. I am reading Socialism: Utopian and Scientific by Engles. He refers to the relative surplus population as the industrial reserve army.

]]> http://personman.com/berry_on_competition#c1246 dan [Member] in response to: Berry on competition Tue, 29 Mar 2005 12:37:21 +0000 [Member] c1238@http://personman.com/ <p>Nice points.</p> Nice points.

]]> http://personman.com/berry_on_competition#c1238 Kyle [Visitor] in response to: Berry on competition Mon, 28 Mar 2005 08:20:38 +0000 Kyle [Visitor] c1229@http://personman.com/ <p>I agree that there are certain problems of poverty that capitalism cannot solve. I wrote about this on <a href="http://kyle.brendoman.com/archives/007035.html" rel="nofollow ugc">my blog</a> a while back. Basically, a capitalist economy needs a population of unemployed citizens. If everybody had jobs, there would be no competition for work. Instead, employers would have to compete for workers by offering higher wages, which would drive inflation beyond what the economy can handle. As Berry says, there have to be losers for a competitive economy to work. Yet we can&#8217;t even be honest about that. We perpetuate the myth that anybody can succeed in America through hard work. Perhaps anybody can, but not everybody.</p> I agree that there are certain problems of poverty that capitalism cannot solve. I wrote about this on my blog a while back. Basically, a capitalist economy needs a population of unemployed citizens. If everybody had jobs, there would be no competition for work. Instead, employers would have to compete for workers by offering higher wages, which would drive inflation beyond what the economy can handle. As Berry says, there have to be losers for a competitive economy to work. Yet we can’t even be honest about that. We perpetuate the myth that anybody can succeed in America through hard work. Perhaps anybody can, but not everybody.

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