Capitalism has three legs: resources, capital and labor. It needs all three.

5 responses to “Capitalism has three legs: resources, capital and labor. It needs all three.

  1. Very nice, Moe. And, it goes very nicely with that great Will Rogers quote near your picture.

    Unfortunately, sewing clothes is one of the few manufacturing jobs that machines can’t yet do better than human beings – the list keeps getting shorter.

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    • I think our tragedy Jim is not that we let certain types of jobs go offshore, but that we are now doing such an awful job of undertaking projects that cna’t be offshored (infrastructure anyone?). Or if we could find a way for child care etc to pay a living wage.

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  2. Good job, Moe! I think of that song every time I buy a textile product. Because these days, they are all crap. Sadly, the US textile industry is pretty much gone.

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  3. …resources, capital and labormoochers and looters

    Why are so many people dead set against serfdom? I mean, have you people even given it a try?

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