I have just a small point to add to what Ian argues below. Most, if not all,
arguments, analyses, etc that begin with "people want" are at the best
irrelevant and/or false, at the  worse strong expressions of bourgeois
ideology. They obscure obscure reality -- sometimes deliberately. 

Carrol

-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Eubulides
Sent: Thursday, April 17, 2014 8:41 PM
To: PEN-L
Subject: Re: [Pen-l] Ants at the Piketty Picnic: What's Wrong with
"Inequality"?



________________________________
> 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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