Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 160.52

-4.9%

Dec 12 9:30 AM EST

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To: Cary Salsberg who wrote (2872)	10/21/1997 6:37:00 PM
From: Sam Citron	of 10921

Cary, <<Sam and Cary make widgets. Sam makes them better and cheaper, so Cary goes bankrupt, becomes an alcoholic, and eventually commits suicide. Economics didn't harm Cary, but economic theory supports the propriety of Cary's bankruptcy and accepts the "minor dislocation" to one man's life as the consquence of a system that "optimizes" the benefits to all.>> You are mixing psychology, law, economics and politics into a stew that is difficult to rationally address, but yes, perhaps Cary would be better off as a computer programmer or a portfolio manager than a widget maker in the above example. If Cary becomes depressed and is marginalized due to his inability to discover or capitalize on his unique gifts and potential, then the capitalist system will provide him with better psychological and vocational counselling than most other systems, except possibly Scandinavian democratic socialism. SC

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