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Long-term benefits of the Coronavirus Pandemic
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<blockquote data-quote="nomadbrah" data-source="post: 1314824" data-attributes="member: 10141"><p>Necessity is the mother of invention.</p><p></p><p>Do we really believe that the people who 50 years ago put man on the moon, invented the internet, built MR scanners, robots, artifical intelligence, genetic splicing, and everything else, can't figure out a way to produce things locally?</p><p></p><p>This is a question of economic structures in society and politics.</p><p></p><p>At the moment, people like Bezos, Gates and Jack Ma, are scoring ALL the profit. There's no one saying it has to be that way. Economics of scale doesn't mean that an iPhone would double in cost, far from it, since the profit is taken on so many units, the cost can be offloaded on each unit produced.</p><p></p><p>I'd really like to see some serious calculations about these scenarious and they should include increased purchasing power of the lower middle class in such a situation.</p></blockquote><p></p>
[QUOTE="nomadbrah, post: 1314824, member: 10141"] Necessity is the mother of invention. Do we really believe that the people who 50 years ago put man on the moon, invented the internet, built MR scanners, robots, artifical intelligence, genetic splicing, and everything else, can't figure out a way to produce things locally? This is a question of economic structures in society and politics. At the moment, people like Bezos, Gates and Jack Ma, are scoring ALL the profit. There's no one saying it has to be that way. Economics of scale doesn't mean that an iPhone would double in cost, far from it, since the profit is taken on so many units, the cost can be offloaded on each unit produced. I'd really like to see some serious calculations about these scenarious and they should include increased purchasing power of the lower middle class in such a situation. [/QUOTE]
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