Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TigerPaw who wrote (364997)	1/2/2008 6:14:26 AM
From: Elroy	Read Replies (3) of 1574537

The choke points are not necessarily caused by regulation. They are a natural event in the division of labor. At some point in almost any process there is a critical task. The task throttles all other tasks, but that doesn't mean it is more important or difficult, it just happens to be at the intersection of other tasks and cannot be performed in parallel. Anyone who can "own" one of these critical tasks is in a position to extract more benefit. Barring government regulation, this is completely untrue. In food manufacturing, transportation, preparation and distribution, what's the "critical task"? As far as I know, as long as government regulation doesn't get involved, there isn't one, and that's why your average farmer, restaurant owner, and super market ownere has a minimal profit margin. In home building, what is the "critical task"? Why don't you provide a few examples of these amazing critical choke points that allow the fortunate to extract more value from the food chain than they have earned, and yet somehow resists capitalism's natual inclination to drive their value down toward more justifiable levels?

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