With job competition now in India/China..are our "good economic" days over?

[Politico]

Wrong, Gustaf. Productivity only determines wages once there is a macro-economic environment in which there is demand for the production.  Which is why capitalism doesn't work.

I am glad to hear that our beloved opebo is capable of solving millions of interconnected input-output functions simultaneously and instantaneously in order to bring about a functional command economy that even remotely resembles our current macroeconomic environment. When are you going to be crowned as the greatest mathematician/economist of all-time?

[Politico]

Wrong, Gustaf. Productivity only determines wages once there is a macro-economic environment in which there is demand for the production.  Which is why capitalism doesn't work.

I am glad to hear that our beloved opebo is capable of solving millions of interconnected input-output functions simultaneously and instantaneously in order to bring about a functional command economy that even remotely resembles our current macroeconomic environment. When are you going to be crowned as the greatest mathematician/economist of all-time?

'Command economy'?  No one suggested such a thing, p.

For any market, there are only two options known to mankind: free markets or markets with government intervention. You clearly have more confidence in the latter and feel that markets should be completely controlled by government, but do you realize what that implies mathematically?