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Table of Contents Introduction Chapter I. The Purpose ... - Britské listy

Table of Contents Introduction Chapter I. The Purpose ... - Britské listy

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165law <strong>of</strong> thermodynamics. <strong>The</strong> energy earlier extracted and embodied incapital cannot keep its form forever nor can the growth <strong>of</strong> entropy beavoided. <strong>The</strong> new energy extracted by people is used both to increase andto compensate for retired wealth.Similar to racing the survival championship makes businessmen run adistance which has no finish. <strong>The</strong>y are running not tracks but ratherconveyors traveling in the opposite direction with different speeds.Naturally this pursuit <strong>of</strong> an uncertain price is lost by those laggingbehind. But their exit affords the leaders no opportunity to halt or to takea breath.<strong>The</strong> launching <strong>of</strong> a new higher quality product changes the rules <strong>of</strong> thestruggle for survival.In the example discussed above the usage <strong>of</strong> a higher quality productresults in the consumer’s cost saving which the consumer partially shareswith the producer purchasing the high quality product at a higher price.But this example only illustrates the simplest case when the effect <strong>of</strong>higher quality is achieved in the second link <strong>of</strong> the “producer-consumer”chain. In real life the effect’s translation along the chain may take a longtime. Moreover, in certain cases the effect is achieved provided acombination <strong>of</strong> several new factors: materials, equipment, fuel, etc. Suchcombination may result in a new technology enabling the consumer’s costsaving or a new product comprising a fundamentally new quality, anexample being new missiles or household appliances.<strong>The</strong> switching to new materials and equipment involves a complexprocess <strong>of</strong> balancing interests.New materials and new equipment provide for the consumer’s transitionto the improvement <strong>of</strong> existing or the development <strong>of</strong> innovativetechnologies enhancing its production efficiency. <strong>The</strong> effect <strong>of</strong> the newquality <strong>of</strong> materials and equipment is achieved by the consumer along

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