Libertarian Economic Logic (chart attached)

[jamesd at echeque.com]

On 2019-09-19 11:39, Punk wrote:
> > > 	lots of things can be done with little capital and no 'supervision'.

 > On Thu, Sep 19, 2019 at 07:18:49PM +1000, jamesd at echeque.com wrote:
> > Lets see if you can make a pencil without a boss telling you how to do it.

On 2019-09-19 19:43, Zenaan Harkness wrote:
> "without a boss telling you how to do it" is in a real sense a sort
> of non-sequitor or irrelevancy.
> 
> Why label the sharing of information, tutoring and/ or learning
> process as one involving "a boss"?

For a group of people to get anything done, someone has to be in charge. 
  And it will not be done right unless the guy in charge knows how it 
should be done.   I am sure we have both attended more than enough 
committee meetings.

When Wernher von Braun was merely sharing information and tutoring at 
NASA, the rockets did not work.  They had to put him in charge.

And when he retired, they still had all that information and the people 
he had tutored, but the rockets stopped getting better, started to get 
worse, and started to fail.

Shockley shared information and advised, he wrote the book, but 
transistors did not get built, except for a tiny number of not very 
reliable prototype transistors and those he personally and individually 
made.  When he formed a company of which he was the boss, *then* 
transistors were mass produced.

Rather more people can successfully operate a restaurant than can build 
rockets or transistors, but still, the vast majority of people cannot 
successfully operate a restaurant.  The vast majority of people who 
attempt to do so, fail.

Suppose the guy at the restaurant who *can* operate a restaurant is not 
the boss.  He is merely sharing information and advising.  The 
restaurant is going to fail.