Tenth law of worker entropy: Difference between revisions
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This amounts to a kind of “honour amongst thieves”. | This amounts to a kind of “honour amongst thieves”. | ||
As we have remarked [[look, I tried|elsewhere]], much of the [[financial services]] industry consists in [[agent]]s of one stripe or another extracting a livelihood from the transit between them of a parcel — typically, millions of little parcels — owned by someone else. | As we have remarked [[look, I tried|elsewhere]], much of the [[financial services]] industry consists in [[agent]]s of one stripe or another extracting a livelihood from the transit between them of a parcel — typically, millions of little parcels — owned by someone else — typically, millions of little someone elses. | ||
Each parcel’s owner, a principal, has for one reason or another little capacity to observe or intervene in this game, but participates in it all the same because of perceived historical tendency of the parcels to rise in value over time at a greater rate than the general rate of agent-inflicted atrophy. Not always — as unit holders in [[Fairfield Sentry]] would no doubt a test — but nonetheless generally. As a rule, over the the whole run of western civilisation, the tide has risen and lifted all boats upon it, even though each one has sprung they a little leak. | Each parcel’s owner, a principal, has for one reason or another little capacity to observe or intervene in this game, but participates in it all the same because of perceived historical tendency of the parcels to rise in value over time at a greater rate than the general rate of agent-inflicted atrophy. Not always — as unit holders in [[Fairfield Sentry]] would no doubt a test — but nonetheless generally. As a rule, over the the whole run of western civilisation, the tide has risen and lifted all boats upon it, even though each one has sprung they a little leak. | ||