The Mathematics of Power

[taavi]

I've always had a conviction that the picture of the world economy as some kind of giant bazaar where everyone traded on an equal footing and things ran on supply and demand was a fiction covering the overwhelming control of a small group over most of the money and power.
But it's nice to have it empirically confirmed.PS Did you ever think you

Comments

[jordan179]

To betin with, the article confuses "wealth" (ownership of valuable property) and "influence" (the ability to persuade the owners of valuable property to do or not to things) with "power" (the ability to destroy people or property. More importantly, the existence of nodes of influence do not negate the operation of the laws of supply and demand: real economics is and has for a long time been far more complex than you imagine.

[taavi]

Not you again. Haven't you got a teabag to wave somewhere, or something?

[jordan179]

A brilliant and highly-logical rebuttal of my points, and by invoking the "teabag" you have magically-demonstrated your complete correctness and my incorrectness.

(*leaves*)

[taavi]

Since neither you nor I would ever shift the other's position one iota, and find each other intensely irritating into the bargain, (*leaves*) was pretty much all I was hoping to accomplish.