Libertarian Economic Logic (chart attached)
jamesd at echeque.com
jamesd at echeque.com
Wed Sep 18 23:08:09 PDT 2019
On 2019-09-19 06:54, Razer wrote:
> Exactly. Workers don't need the boss.
Let me tell you a story about NASA.
The Nazis kidnapped Wernher von Braun from the rocket club, and put him
in charge of building rockets.
Then the Americans kidnapped Wernher von Braun from the Nazis and gave
him to what became NASA, and NASA asked him how to build rockets. And
NASA built rockets, but their rockets *still* did not work.
So, they put him in charge, and *then* their rockets worked.
And eventually he retired, and then their rockets gradually stopped
working. Rockets stagnated and declined, until Musk started building
rockets.
Similarly everything electronic contains transistors. Shockley wrote
the book on transistors, and I suppose everyone in the business read the
book, but somehow, in practice, every transistor everywhere in the world
is built by an engineer who learned how to build transistors working
under an engineer who learned how to build transistors working under
.... an engineer who learned how to build transistors working in
Shockley's company under Shockley.
You cannot even make a pencil, unless the boss provides you with tools
and materials and tells you how to use those tools and materials. You
can no more make a pencil than you can make a rocket.
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