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To: Mike M2 who wrote (88460)	4/1/2001 8:13:23 PM
From: Ilaine	Read Replies (2) \| Respond to of 436258

I think it's really ironic that the people who are arguing that technology has made them more productive are the ones who actually own businesses but we don't seem to get any respect. Why is that?

To: Mike M2 who wrote (88460)	4/1/2001 9:23:05 PM
From: Catcher	Read Replies (2) \| Respond to of 436258

can someone give me a link to naz futures? thanks

To: Mike M2 who wrote (88460)	4/1/2001 9:58:23 PM
From: Don Lloyd	Read Replies (2) \| Respond to of 436258

Mike - ...if there is so much productivity - where are the profits? -vbg- Businesses re-invest with profits not productivity gains fabricated by political bureaucrats. you have your hands full here -g- SHOW ME THE PROFITS Profits are NOT the normal result of productivity gains, but require the additional factors of competitive advantage and barriers to entry. Most productivity gains are competed away, and, far from being a source of increased profits, are often a requirement for survival. Productivity gains result in a variable mix of 1)lower competitive consumer prices, 2) higher real wages for whatever employees remain in demand, and 3) higher potential profits for owner/shareholders. All of these effects result in higher standards of living, but only a small portion actually flows to the bottom line of business. Even where productivity increases do reach the bottom line, it is usually the suppliers of productivity enhancing products who benefit, while their customers struggle to survive while piling up debt to invest in these necessary products. Overall productivity increases in the economy are likely NOT the result of the use of productivity enhancing products, but rather the result of culling out of the least efficient companies that cannot afford to keep up with the required investments, and whose more efficient and now more productive competitors can now serve more and more of the potential market. Regards, Don