ABC Radio National

Rear Vision





Date/Time 14 Mar 2014 8:43:55am
That's all very well but in this system people need MONEY .They don't need vague waffly 'services' jobs.
"Services create wealth too." ONLY if they are linked to productive activity .. for example lawyers produce NOTHING but a tractor mechanic can keep a farmer producing food.
Money is not something that can be just printed. It has to be backed by VALUE and value is that which has to be produced, grown or dug out the ground. In the 19th century Australia was a land of dirt diggers, shearers and shepherds. Then we got a little bit smarter and started to produce more manufactured goods but once again in the 21st century we are going back to a land of dirt diggers minus the shearers and shepherds, with the rest of the economy largely parasitic. My my, ain't we progressing?
