Saturday, October 12, 2013
Costly "ersatz" technologies
UKIP's Roger Helmer on costly "playground technologies". The German word for a costly but less efficient product is "ersatz". It's primary use is during wartime, during which the nation is forced to use less suitable products. Today politicians everywhere are forcing peaceful citizens to adopt wartime measures. The standard of living of all the world's citizens will fall due to this fallacious and politically driven ideology. Free trade and unhampered capitalism will reveal the most efficient use of all resources. Rather than save resources, these market interventions force us to consume resources unnecessarily.