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On 7/11/24 16:55, john larkin wrote:On Thu, 11 Jul 2024 12:00:31 +0100, Joe <joe@jretrading.com> wrote:>
On Thu, 11 Jul 2024 09:29:33 +0100
The Natural Philosopher <tnp@invalid.invalid> wrote:
>
>The problem is that Socialists mistake 'job creation' with 'wealth>
creation'
>
It's worse than that. Socialists don't know what wealth creation is.
>
And many problems are rooted in the fact that socialists measure the
success of a policy in terms of how much (other peoples') money is spent
on it, not in terms of what it achieves.
>
So nobody in the US government is at all bothered by the spending of
7.5 billion dollars on EV charging stations, with only seven stations
functional after three years. It's the money spent which matters.
Wealth is the thing that allows human resources to be invested
long-term, and not all burned up right now.
Marx was a moron. "Capital" is just a symptom of what really matters,
which is ideas.
Communist countries crush ideas, which is why they are so poor.
Ideas are good, but not enough. Someone will have to do the
work, too. Who said 1% inspiration, 99% perspiration? Edison?
>
Jeroen Belleman
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