Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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Jan 9 9:30 AM EST

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To: Big Bucks who wrote (11156)	8/9/2004 11:01:06 PM
From: Cary Salsberg	Read Replies (2) of 25522

No, I propose that the US remain a capitalistic society, "where the elitists run everything and are privileged because of rank/position/status?" <g> The US has a problem. We must recognize that it is a problem and we must try to solve it. That is what I meant by "The US must learn the value of balanced trade and must be willing to borrow central planning concepts from socialism, while, again, rejecting public ownership of assets." The key to a "socialistic/communistic society" is "public ownership of assets" and I rejected that. Central planning in a socialistic state is required to plan production and allocate assets and labor. This is less efficient than market driven production and allocation. The central planning I propose will limit imports' foreign added value so that it will equal exports' domestic added value. It will also chose how much of which imports from what origins to be let in to make up the limited foreign added value. It will adjust prices to bring low wage added value up to US costs for products that have domestic competition or for which domestic competition is desirable and is being cultivated.

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