Assume The Worst About People

Equality Of Opportunity Is Meaningless For Those Who Do Not Have The Capabilities To Take Advantage Of It.

In Manufacturing, Where Mechanization And The Use Of Chemical Processes Are Much Easier, It Is Easier To Raise Productivity Than In Services. In Contrast, By Their Very Nature, Many Service Activities Are Inherently Impervious To Productivity Increase Without Diluting The Quality Of The Product.

Assume The Worst About People And You Get The Worst.

Rational Thinking Is An Important Aspect Of Human Nature, But We Have Imagination, We Have Ambition, We Have Irrational Fear, We Are Swayed By Other People, We Get Indoctrinated And We Get Influenced By Advertising.

The Danger Is Not Only That These Austerity Measures Are Killing The European Economies But Also That They Threaten The Very Legitimacy Of European Democracies - Not Just Directly By Threatening The Livelihoods Of So Many People And Pushing The Economy Into A Downward Spiral, But Also Indirectly By Undermining The Legitimacy Of The Political System Through This Backdoor Rewriting Of The Social Contract.