[ExI] Phoebus cartel/was Re: I Miss The King of Extropia

Dan TheBookMan 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:
> http://www.newyorker.com/business/currency/the-l-e-d-quandary-why-theres-no-such-thing-as-built-to-last
> 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?

See also:



  Sample my latest Kindle book, "The Late Mr. Gurlitt," at:

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