It is here we plainly see what is arguably the most important and powerful aspect of capitalism – the law of specialization. In allowing people to specialize in a trade or skill, not only do prices dramatically drop, but the quality of the goods and services dramatically increase. This increases people’s purchasing power, as well as improves the quality of the goods and services we consume, increasing overall standards of living.
However there is a problem with specialization.
First! Anyhow…specialized? Golly gee willickers, if you know how to do anything with your hands and mind, you’re a specialist in todays tech oriented society.
French Nails?
You’d be crazy to marry a French woman. Canadian women with Canadian nails are allot cheaper to maintain.
Good thing I read the Captain’s article. Until I did so I wondered how French nails could hold boards together any better than any other kind of nail.
Let’s suppose we decide that having French nails is just vanity and really of no useful value so we just do a nice neat nail trim with a set of ordinary nail clippers costing perhaps four dollars. We do the trim while watching TV so no extra life time is used. The investment in the nail clippers is negligible since they are reuseable for several years. This has preserved the purchasing power of the individual and no specialization is needed. What is the effect on society and capitalism? Just wondering.
Maybe the western societies birth rate?
(Underwear from Victoria Secrets vs Costco comes to mind)
The downside to specialization is displacement. Changing fads, new technology or cheap labour can put you out of business. Per Darwin, adapt or die !
Not for the first time is disagree with “captain capitalism”
Specialization is growing and getting more accurately than ever before. Look at the options for products one can get online. Ditto services and cellphones and on and on.
Besides Obamacare the tide is running towards more specialization than ever before with little or no government interference.
North american women are the most high maintenance, “feminist” self righteous, “i left him because i wasn’t happy” shallow, narcissistic, selfish, divorce machines out there. Why do you thing so many men, marry Europeans or Filipino, Asian…women. In their culture happy wife happy life doesn’t exist.
That is not to say all north american women are that way . my wife is very good to me, but my dating history tells me why i simply had to marry this one. Good women in north america do exist but i find the white ones to be not worth anything more than being used and treated like garbage simply because to trust and enter into marriage with one is entering into a life of slavery and misery. Again i find even Asian or black or European women here first or second generation to be better and more humble than local women as their parents raised them that way. It’s their kids that start getting horrible.
anyway that’s my rant based solely on my life experiences with north american women. From new york to Kentucky to Miami, to Saskatchewan , Winnipeg, Calgary, Vancouver ,and Victoria. I did find eastern (newfie women and new Brunswick women) to be alot of fun and jolly and just good, good in bed , good to party with, good to hang out with. all of it. Not afraid to let you know they are interested or they like what they see…. 😉
After pondering and checking for 3 hours, I finally realized this was about finger nails. Darn I am slow.
In our business we had a maxim: you can have it fast, good or cheap. Pick two.
In our business we had a maxim: you can have it fast, good or cheap. Pick two.
Heh. You a QA manager also.?