What is the "Machine Tool Principle?"

 May 16, 2021 ·  

Image credit: Polysoude, http://www.polysoude.com/ CC Attribution-Share Alike 4.0 International

Where does profit come from? Did you "invest right" in your mutual fund or bitcoin or did you get lucky at the casino? Or, have you created something which advances society's ability to increase its potential relative population density?  That is what Lyndon LaRouche called "the machine tool principle."

“...The point is, that for any national economy taken as a unified whole, scientific and classical-artistic progress, combined, are the only source of sustainable profit, nothing else. The machine-tool sector illus­trates the role of science in this. For the imperiled economy of the United States, and, of many other nations, today, the lesson told is a desperately urgent one, even if it appears to address only technological progress as such..."
Machine-tool design: the brains of profit, Lyndon H. LaRouche, Jr. Dec. 7, 1996 

For more on the machine tool principle, see LaRouche's 1997 article, Return to the Machine Tool Principle

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