3 ms·
> Beating people up isn't market activity - it's at least borderline criminal. The beauty of the example is that you don't have to beat people up. What is only
by asgard1024 11y ago
> Beating people up isn't market activity - it's at least borderline criminal.
The beauty of the example is that you don't have to beat people up. What is only needed is A to risk more than B and C.
The point was though you cannot prevent this kind of activity taking place on the market (it can actually be reformulated through money and investment, existence of which also requires 3 parties). So by using 2-party model only, you are missing a good chunk of reality here.
> My bias is that they simply don't happen or only happen very rarely , that wealth and power are almost completely illusory
I guess we can agree we live in a different reality, then :-)