🚀 go-pugleaf

Say's Law states that production doesn't create demand. This places the
engine of economies on the consumer. If the consumer wants it, somebody
will produce it and will make an income (profit), but if consumers
don't want it, production won't make them demand it, so they won't make
a profit. Yet this is true only if the principle of biological
diversity is overlooked! Humans are diverse, actually we are the most
diverse of all living beings! This means there will always be demand
for *any* good we can conceive of. (This is particularly true if we
take into account great fortunes, as they will demand any goodto make
their consumption efficient: they will buy it because they can).

So Say's Law is a matter of equilibria, as always: producers will make
a profit only if demand is sufficient, but for demand to be sufficient
doesn't mean a big market size, it means efficient technology! Given an
efficient technology cost will be so low that even a small demand will
be enough to make profits *even if those profits are not enough to make
a living*.

So prodction can create demand, or rather, any produced good can be
matched by some potential demand waiting to be expressed. This is the
value of novelty, for instance, and it is guaranteed by the principle
of biological diversity.

Fabrizio J Bonsignore, now Danilo J Bonsignore