Let The Free Market Eat The Rich

“Let The Free Market Eat The Rich”

by Jeremy Weiland

In a stateless society, institutions for business and personal organization must derive their permanence from their usefulness not just to an elite few, but from the respect of the entire community – customers, suppliers, neighbors, etc. An entity that can operate efficiently and deliver a steady stream of income, whether an estate or a corporate business, becomes less viable the larger it grows because internal transaction and maintenance costs start to skyrocket. This is a function not of wealth itself, but rather of the difficulty wealthy individuals experience in convincing others to honor and defend their estate. The more people benefit from a body of wealth, the more people will support it.”

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~ by rechelon on April 24, 2010.

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