[lbo-talk] losers [ was: Lyndie England

Doug Henwood dhenwood at panix.com
Thu Sep 29 10:12:40 PDT 2005


Dick Grippon wrote:


>You can't have a socially stratified society without the same
>mechanism at work, one which limits rewards to the deserving and
>punishes the losers. Rewards -- the good life -- must be scarce to
>have any value. Stratified societies produce scarcity.

And positional goods. Half the pleasure of owning a Patek Philippe is that all those other losers are wearing Timexes.

Doug



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