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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: stockid who wrote (24724)10/23/2004 2:35:45 PM
From: bentwayRead Replies (1) of 306849
 
I'm reading a small book, "Capitalism a very short introduction" by James Fulcher right now. It's a great compact history and description of capitalism.
It's made me realize that capitalism, communism, socialism, etc. are just where we currently are in the evolution of social economics. They aren't the end of the line by any means, the be all and end all of social economics. One thing the little book brought back to me was that, at one point in the evolution of capitalism, child labor was where the lowest labor costs were!
I recall in my childhood in the 50's, reading about how "cybernetics" (robot-computer melding) was going to reduce the need for work to such an extent that the big problem would be how to spend our oppressive leisure time!
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