________________________________
> Date: Thu, 17 Apr 2014 16:07:28 -0500 
> From: [email protected] 

> 
> That's not strong enough. 
> 
> I submit to you that people want to get rich not to be freed from 
> coercion, but to be able to *exercise* coercive power over their fellow 
> men and women. 

>
> -raghu. 


==============


Sorry, not rich enough; there are enormous numbers of people immersed in 
systems of production and administration who are not rich who nonetheless 
exercise significant coercive power over others. Cops, for example; managers 
'low' in corporate hierarchies. Building code inspectors, airline pilots, 
nurses, software developers, judges etc. Plenty of those jobs involve varieties 
of coercion that Warren Buffett and other old-fashioned capitalists don't need 
to deploy. The microdynamics of coercion are, in a sense, a free lunch for 
Buffett and his ilk precisely because of the history of coercive practices that 
have been developed over the last several hundred years. "The dull compulsion 
of the markets" and all that.


The head of the king is still not cut off.


E.                                        
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