|Subject:||[socialcredit] productive capacity|
|Date:||Friday, August 5, 2005 15:02:22 (EDT)|
|From:||Triumphofthepast <Triumphofthepast @...com>
I comment on the four paragraphs Ryan copied us today.
The economy is a consumer production system, and capital production is merely an early stage of consumer production. To put it another way, current production consists of (1) current, or actual, consumer goods and services, including capital goods and services used up in the process, and (2) future, or potential, consumer goods and services in the form of capital goods and services. If (1) represents 1/4 of current production, the public should buy it at 1/4 of the cost of current production.