Superior competitors don’t tend to cause widespread unemployment, though. People just go work for the company that’s on the rise.
I don’t think it’s this simple. Suppose skills are nontransferable. Suppose the other company is in a different country. Suppose there’s only a limited demand for the goods produced and the other company uses technology that lets it fewer workers than the first one did.
As for uncertainty about a coming war… he’s saying that it all comes back to natural resources, access to land, and sure enough that tends to be what wars are about.
Not exactly. Wars are about a lot of things, like fear one will be attacked by a neighbor or the desire to stop Communist ideology. The claim that every war is at root an issue of natural resources is only defensible if you make it extremely complex and thus impossible to falsify. Additionally, like I said before, that kind of situation is less about insufficient supply and more about living under conditions of scarcity which no economy can avoid.
I don’t think it’s this simple. Suppose skills are nontransferable. Suppose the other company is in a different country. Suppose there’s only a limited demand for the goods produced and the other company uses technology that lets it fewer workers than the first one did.
Not exactly. Wars are about a lot of things, like fear one will be attacked by a neighbor or the desire to stop Communist ideology. The claim that every war is at root an issue of natural resources is only defensible if you make it extremely complex and thus impossible to falsify. Additionally, like I said before, that kind of situation is less about insufficient supply and more about living under conditions of scarcity which no economy can avoid.