Monday, August 15, 2011

NB fallacy of label

how can we ever exceed production platform capacity ??

the usual answer certain production levels are... unsustainable

that becomes the label that hides the secrets

just what is not sustainable about this "surplus " production
we are using up resources and factors faster then we can replace them ???

hmmmm

concrete examples please
sure we'd hit bottle necks but hey that's what price rationing is for
and yes the composition of output might change
but the production indexbased level of ouput
 ie
any  chained bundle of products chosen can't be sustained
 really  ???

not to notice we are talking here of a national production platform
operating in a chronically slack global production system