Select Page
Poker Forum
Over 1,292,000 Posts!
Poker ForumFTR Community

These people are our future

Results 1 to 75 of 767

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Quote Originally Posted by boost View Post
    fine, we will stick with it. Do you see why you just made it far easier to prove that wealth is impossible with only one man?
    One man can generate wealth by creating products that can be exchanged if another human arrives on the island. Trees still make noise when they fall even if no one is there to hear them, and a wheel of cheese still has exchange value without another person to exchange it with.
  2. #2
    Quote Originally Posted by Lyric View Post
    One man can generate wealth by creating products that can be exchanged if another human arrives on the island. Trees still make noise when they fall even if no one is there to hear them, and a wheel of cheese still has exchange value without another person to exchange it with.

    What? No. No he can't. If he produces more cheese than he needs, he is no wealthier, he just has more cheese. If we drop another man on the island, now he is wealthier because he can exchange his excess cheese for the mans labor. Seems pretty simple to me.
  3. #3
    Quote Originally Posted by boost View Post
    What? No. No he can't. If he produces more cheese than he needs, he is no wealthier, he just has more cheese. If we drop another man on the island, now he is wealthier because he can exchange his excess cheese for the mans labor. Seems pretty simple to me.
    If there are no other people there is no specialization because no one can trade. If we placed 30 different people each on one island and in 5 years determined who was the wealthiest, the wealthiest one would probably be the one who had decent strength but also the ability to create tools to help him survive, and who loves the outdoors and running around, and probably someone who philosophizes. Basically a person with all-around abilities. He would create food efficiently, and also be able to have fun in his spare time and not have many bored moments. The poor ones probably would create no tools, be weak physically, and have a woe-is-me mentality.

    Some would indeed be wealthier than others.

    Now, if you're thinking straight up about money, there doesn't need to be any of that because this person doesn't need to exchange with hundreds of other people.
  4. #4
    Quote Originally Posted by boost View Post
    What? No. No he can't. If he produces more cheese than he needs, he is no wealthier, he just has more cheese. If we drop another man on the island, now he is wealthier because he can exchange his excess cheese for the mans labor. Seems pretty simple to me.
    This is what you fail to see. He isn't wealthier when you drop another person on the island, in fact he is no wealthier from this single event. He is wealthier if that person decides to produce, and if he decides to exchange his production with you, because you can have more cheese, entertainment, health, time etc.

    Lets say on one island one person can produce 2 pounds of cheese per year and 1 gallon of wine. On another island where two people reside, one produces 4 pounds of cheese and the other 2 gallons of wine and they trade 1 gallon of wine for 2 pounds of cheese. Which people are living with more wealth? Your answer suggests that the person on one island has no wealth.
    Last edited by IowaSkinsFan; 10-01-2010 at 08:14 AM.
    Check out the new blog!!!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •