[ExI] Phoebus cartel/was Re: I Miss The King of Extropia
danust2012 at gmail.com
Thu Jul 21 17:21:14 UTC 2016
On Jul 21, 2016, at 9:10 AM, Dave Sill <sparge at gmail.com> wrote:
> On Wed, Jul 20, 2016 at 10:39 PM, John Clark <johnkclark at gmail.com> wrote:
> > On Wed, Jul 20, 2016 spike <spike66 at att.net> wrote:
> >>> There is another factor here: we always assume growth.
> > A pretty good long tern assumption if technological progress doesn't stop dead in its tracks.
> There's an interesting article in The New Yorker about LED "light bulbs" and planned obsolescence:
> I'm not sure it's safe to equate technological progress with economic growth.
Didn't the Phoebus cartel faced competition? And didn't it also rely on patent protection, a government intervention into the market?
Sample my latest Kindle book, "The Late Mr. Gurlitt," at:
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