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dont have billionaires [superoverpaid]???

wealth concentration tends to monopolism, ie tyranny of prices [monopolism causes boom & bust, depressions, superwealth/superpoverty]

japan [50% less inequality, after general macarthur's land reforms, ie equalising] has many competing companies in every field, which keeps prices well down & quality-striving high, which is why japan has taken over the car & electronics markets, & why 7 of the top ten banks have buzzed off to japan [following the money], & why japan is a world creditor, & why tokyo realestate is [hard to believe, but so i read] worth as much as all of america & europe [beware the [overdue] regular tokyo earthquake, when japan will pull its money out of the world to rebuild tokyo! invest in japanese concrete & glass then!]

wealth concentration is land monopolism which is control of everything - who owns the land owns everything & everybody - look at england - 1% own 85% of land - bangladesh: landlessness at 75%

2006-10-25 14:47:01 · 4 answers · asked by Anonymous in Social Science Economics

4 answers

Although many modern washing machines are cheap to buy, we all know they are often poorly made and don't last as long as they used to. They certainly aren't cheap to repair though. However, not all washing machines are poor quality. If you want to be more informed about the build quality of modern washing machines this section may be of interest.
In order to save money on production costs, many manufacturers use techniques that reduce manufacturing costs but can make some repairs impossible and make other repairs require the replacement of whole parts instead of being able to strip down the old one to repair it. Examples of this are motors that are spot welded together instead of bolted, and drum bearings that can't be replaced unless a new tub is fitted with them pre-pressed in. This is a side effect of the mass production of cheap washing machines though and not a deliberate attempt to stop it being repaired. However, whether intended or not, the truth is that many modern washing machines do not last very long because it costs so much to repair them compared to the purchase (or replacement purchase) price.
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2006-10-25 17:58:20 · answer #1 · answered by Jamil Ahmad G 3 · 0 0

what u say about Japan makes sense.

but land is not a major source of wealth. You may be right about 1% and 85% in England but wealth is held by 10% not 1%.

2006-10-28 12:17:17 · answer #2 · answered by MBK 7 · 0 0

The insane amounts of money that currently go to the people who don't actually do anything (CEO's, for example), would instead go to research and development, and to the employees, and be passed on as lower prices to the consumers.

2006-10-25 16:55:31 · answer #3 · answered by tehabwa 7 · 0 0

Wow, you missed a few cliches, but only a few.

2006-10-25 14:53:52 · answer #4 · answered by Colorado 5 · 0 0

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