And though he owned numberless silver mines, and highly valuable tracts of land with the labourers upon them, nevertheless one might regard all this as nothing compared with the value of his slaves; so many and so capable were the slaves he possessed, — readers, amanuenses, silversmiths, stewards, table-servants; and he himself directed their education, and took part in it himself as a teacher, and, in a word, he thought that the chief duty of the master was to care for his slaves as the living implements of household management.
7 And in this Crassus was right, if, as he used to say, he held that anything else was to be done for him by his slaves, but his slaves were to be governed by their master. For household management, as we see, is a branch of finance in so far as it deals with lifeless things; but a branch of politics when it deals with men.
--- Plutarch, Lives. Crassus: 6-7.
https://penelope.uchicago.edu/Thayer/E/Roman/Texts/Plutarch/Lives/Crassus*.html
Manufacturing jobs my foot
Jan. 30th, 2019 10:07 am(Reuters) — Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised.
https://venturebeat.com/2019/01/30/foxconn-may-not-build-lcd-panels-at-wisconsin-cites-labor-costs/
It costs at least $1M to create one hitech manufacturing job in the US. Why would you do it for a commodity product?
Quote of the Day
Jan. 3rd, 2019 08:40 pm“...a great work is distinguished from a folkloric artefact in not being tethered to a particular ‘people’. It raises itself to the ‘universal’; it addresses itself potentially to the whole of humanity.”
...
“The work of art possesses the distinction of speaking to everyone, whatever the time or place in which we live.”
“The work of art worthy its name is neither a local artefact nor is it a universal denuded of touch and taste, as is the product of pure scientific research. And it is to this singularity, this individuality that is neither entirely particular nor entirely universal, that we respond so powerfully.”
--- Luc Ferry. “A Brief History of Thought.”
This sounds plausible on the first read, but is it true? Is this a causal link or just a constitutive relationship? The latter seems to be more probable to me.