Productivity
Sir,—ln your report of the Prime Minister’s speech to the annual conference of the Retailers’ Federation, Mr Marshall paints a rosily optimistic picture of the blessings that will flow from increased productivity. On your cable page of Monday, February 28, under “Cable news in brief,” there is an item, “79m eggs to waste,” which says that “the Queensland Egg Marketing Board has suggested that Queensland poultry fanners dump more than 79 million eggs into the sea. It says that there is no profitable market for huge surpluses of eggs.” This is the reality of the economic system under which we live in New Zealand; as in Queensland, increased productivity leads to unprofitable so-called surpluses which, if they occur over the whole range of agriculture and industry, would bring about economic collapse and disaster, not the improbable Utopia of Mr Marshall’s extravagant fantasies.—Yours, etc., M.C.H. March 6, 1972.
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Press, Volume CXII, Issue 32860, 8 March 1972, Page 16
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148Productivity Press, Volume CXII, Issue 32860, 8 March 1972, Page 16
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