tag:blogger.com,1999:blog-4413935813892441553.post8980866452385139952..comments2024-03-20T02:13:42.947-05:00Comments on real economics: No more steel-making in UK?Jonathan Larsonhttp://www.blogger.com/profile/05217670446743983955noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4413935813892441553.post-75403420820232066572017-01-29T19:23:19.073-06:002017-01-29T19:23:19.073-06:00There's a chance you're qualified for a ne...<b>There's a chance you're qualified</b> for a new government solar program. <br /><b><a href="http://green.syntaxlinks.com/r/BestSolarEnergySystem" rel="nofollow">Discover</a></b> if you qualify now!Bloggerhttps://www.blogger.com/profile/07287821785570247118noreply@blogger.comtag:blogger.com,1999:blog-4413935813892441553.post-28631100686406730352016-05-15T04:15:54.544-05:002016-05-15T04:15:54.544-05:00Thankyou share for yor postfreemoviedownloadsThankyou share for yor post<a rel="nofollow">freemoviedownloads</a><br />Anonymoushttps://www.blogger.com/profile/00378226673390437919noreply@blogger.comtag:blogger.com,1999:blog-4413935813892441553.post-78906512453433788942016-04-18T23:31:34.850-05:002016-04-18T23:31:34.850-05:00A Forex store supervisor is a standout amongst the...A Forex store supervisor is a standout amongst the most looked for after ware, as more individuals look to the Forex markets to build returns on their portfolios. So why procure a Forex cash chief to take care of your assets? in the primary occurrence, the conviction they will profit.To get more data take a tour <a href="www.1forexsignalsblog.wordpress.com" rel="nofollow">Usa Forex Signals</a><br />Wmelvinhttps://www.blogger.com/profile/08563139881864544259noreply@blogger.comtag:blogger.com,1999:blog-4413935813892441553.post-41273086254527551072016-04-11T21:55:31.875-05:002016-04-11T21:55:31.875-05:00Thanks Mike!Thanks Mike!Jonathan Larsonhttps://www.blogger.com/profile/05217670446743983955noreply@blogger.comtag:blogger.com,1999:blog-4413935813892441553.post-13955926719167897172016-04-11T15:13:16.917-05:002016-04-11T15:13:16.917-05:00I stumbled into this essay that also addresses thi...I stumbled into this essay that also addresses this steelmaking issue and the neoliberal deathspiral that allows for it--<br />https://medium.com/mosquito-ridge/steel-crisis-they-do-not-give-a-shit-86516750a1e0#.d2123674qMikehttps://www.blogger.com/profile/05252804186064393926noreply@blogger.comtag:blogger.com,1999:blog-4413935813892441553.post-6044590794518737722016-04-09T10:50:36.501-05:002016-04-09T10:50:36.501-05:00Thanks for the kind words and discussion. My earl...Thanks for the kind words and discussion. My earlier response was targeted at financiers and now this response will again go that direction. This comment in the steelmaking article caught my eye--<br />"“If we bail out industries that are unprofitable in the long term, we’re locking capital and labor into unproductive work,” said Sam Bowman, executive director of Adam Smith Institute, an economic policy research group. “If you bail out these firms, where do you stop? Basically you’d have given up on capitalism.”"<br /><br />This is silly thinking--steelmaking needing to return a great ROI is equivalent to farmers planting seeds expecting an immediate ROI from the planting step.<br /><br />Industrialization in times of growth allowed companies to charge adequate prices to all stages of production and all profited even when specialization of sub-processes of production were spun out into many different companies.<br /><br />But our current times, as funds are tied up in speculative financial hedges and swaps mean less funds available for real industry, thus this segment of the economy shrinks making penny-pinching of cost accountants an overblown priority.<br /><br />Yes, a country can stop feeding itself and too it can stop maufacturing products and rely on other countries--but not for long with its current levels of diplomacy and intolerance of diversity.<br /><br />But even it somehow does, we are in the second stage of dealing with the resultant unemployment/underemployment this creates--billions of people with nothing to do and no money to do it with so a bad way to build a growing society.Mikehttps://www.blogger.com/profile/05252804186064393926noreply@blogger.com