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Politics : Formerly About Advanced Micro Devices

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To: Elroy who wrote (364265)	12/25/2007 10:54:35 PM
From: TigerPaw	Read Replies (1) of 1575386

What's wrong with one group accumulating wealth faster than another? The problem, and this is a problem with capitalism in general, is that the wealth often flows to someone who just happens to be at a choke point of the commerce process. There is a chain of people who produce the goods from A-->B-->C-->D but if one of those points is the one that realizes the cash, they will demand and get an inappropriate share of the profit. For example if in A-->B-->C-->D we find that person C is the one who actually sells the product made by A+B. That doesn't mean that person C worked harder or was more important, but only that he was at a chokepoint. A and B are so busy producing goods, and their intermediate products aren't worth much to anyone, so person C who actually sells it gets all the credit (or a big share of the profit) even though it took the whole team to even get it out. (Person D in this example might be after-sales service and get almost nothing even though they are required to know the most about the product). The problem with this scenario is that smart people want to move to position C, and this is probably not the position that would most benefit from some smarts. TP

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