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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (20773)	7/5/2002 6:26:13 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>Capital investment is certainly one way (the brute force way) to achieve productivity<< It's a question, if this is the goal that some capitalist (or free-market economy for that matter) should have primarily on his or her mind. I think - papa Marx told me some time ago - it's profit. And Adam Smith was of the same opinion (g). In the same vein then the answer to >>... made extraordinary productivity gains possible with a much lower level of capital investment than in the past.<<: I'd rather see something like >>made extraordinary profits possible with a much lower level of capital investment than in the past << No, I don't know anything (or not much) about manufacturing and about productivity gains possible there - in this sense thanks for the reference to E. Goldratt. Fact is tho, in an economy, where lately the square footage of retail space has been growing three times faster than the population, the manufacturing has a Cindarella experience - my experience from the rust belt -.