At 06:28 PM 7/24/01 -0700, Lee Corbin wrote:
>I claim that an *increase* in the *concentration* of top-class
>wealth is a positive sign, because (I also claim) it is so
>historically well-correlated with general advances in society
>and richer economies.
It is also worth considering that the subjective value acquired by the
marginal unit of monetary "wealth" will decrease as wealth increases;
hence, the standard-of-living gap could be closing while the monetary
wealth gap is widening.
---------------------------------------------------
J. Goard, jjgoard@ucdavis.edu/wyattoil@foothill.net
e-gold account #100592 (www.e-gold.com)
---------------------------------------------------
The Beyond outside us is indeed swept away, and the
great undertaking of the Enlightenment complete;
but the Beyond *inside* us has become a new heaven
and calls us to renewed heaven-storming.
--Max Stirner
---------------------------------------------------
This archive was generated by hypermail 2b30 : Fri Oct 12 2001 - 14:39:55 MDT