SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Lichterman III who wrote (35926)9/5/2021 12:11:23 AM
From: Sun Tzu  Read Replies (1) of 97957
 
A few other points.

Negative feedback systems are self correcting. This is my shortcut exploration of why you cannot extrapolate social trends to their extreme.

Services economy is a byproduct of excess manufacturing capacity. When people have more than enough food to eat (as evidenced by the obesity) the economy veers toward restaurants and take outs. And when that is saturated, services like uber eats pop up. You don't see such services in the developing world because there just aren't enough supplied goods. Nor are there enough jobs there for people to value their time enough to ask for delivery.

This is an extension of Maslow's pyramid. The dark picture that I see some people paint by extending the economic trends to infinity can't happen because as soon as production capacity drops, the service sector will switch into manufacturing.

Finally, a real democracies always become more socialistic over time. This is not a corruption of the societal values. It is the nature of the system. People will find ways of voting better lives for themselves and smart capitalists will front run the trend to avoid facing pitchforks in a peasants revolt.

That the US is the only western economy in which some people have to file bankruptcy for their medical bills (or worse so they can get medical care) speaks volumes about how democratic the American system is and how effective the mass propaganda has been.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News