Real capitalism falling down drunk

David Honig honig at sprynet.com
Thu Dec 6 10:33:17 PST 2001


At 05:35 AM 12/7/01 +1100, mattd wrote:
>Dave Honig wrote...Joe the nailmaker invests in a machine to make nails
faster
>than he can by hand. Who has he coerced?
>
>Who cares? its low level market and
> >trade


Well, I care about coercion; and you state that 'capitalism is coercion'.



>The implicit coercion is the protection racket of the state lurking in the 
>background and attempting to monopolies money.

Joe bought his machine in a mutually consenting transaction, no State
involvement.





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