Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Marx, hedonics, and the price of tea in China
Old 06-23-2010, 09:40 AM   #21
Thinks s/he gets paid by the post
IndependentlyPoor's Avatar
 
Join Date: Jul 2009
Location: Austin
Posts: 1,142
Marx, hedonics, and the price of tea in China

I wonder what old Karl would have thought of the amazing improvement in affordability of electronics as measured in the number of hours of work required to purchase a gadget. Huge increases in productivity as well as cheap foreign labor (I imagine Karl would have weighed in here) has powered this increase in affordability of manufactured goods, with electronics as one of the best examples.
The Good Old Days Are Now: Radio Shack Version ę The Enterprise Blog
I am not quite sure how this fits in with the American Enterprise Institute's politics, but the article's comparison is interesting on its own.
__________________

__________________
Start by admitting
from cradle to tomb
it isn't that long a stay.
IndependentlyPoor is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-23-2010, 05:56 PM   #22
Thinks s/he gets paid by the post
Onward's Avatar
 
Join Date: Jul 2009
Posts: 1,667
Quote:
Originally Posted by IndependentlyPoor View Post
what old Karl would have thought of the amazing improvement in affordability of electronics
Quote:
"Billige elektronische Geraete ... sind das Opium des Volkes."
"Cheap electronic devices are the opium of the people."

From "A Contribution to the Critique of Hegelís Philosophy of Right," 1844
__________________

__________________
And if I claim to be a wise man, it surely means that I don't know.
Onward is offline   Reply With Quote
Old 06-23-2010, 06:05 PM   #23
Thinks s/he gets paid by the post
IndependentlyPoor's Avatar
 
Join Date: Jul 2009
Location: Austin
Posts: 1,142
Quote:
Originally Posted by Onward View Post
"Cheap electronic devices are the opium of the people."

From "A Contribution to the Critique of Hegelís Philosophy of Right," 1844


Color me stoned.
__________________

__________________
Start by admitting
from cradle to tomb
it isn't that long a stay.
IndependentlyPoor is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Mr. Marx, Wherefore Art Thou? haha Other topics 16 08-29-2008 11:09 AM

 

 
All times are GMT -6. The time now is 01:52 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.