Re: [Gnu-arch-users] OT: Slavery???

[Samium Gromoff]

At Mon, 24 Nov 2003 13:21:01 +0100,
Peter Conrad wrote:
> 
> Hi,
> 
> On Mon, Nov 24, 2003 at 03:48:44AM -0800, Tupshin Harper wrote:
> > 
> > >That's what credit card companies do: they accept a certain amount of 
> > >fraud,
> > >because if they don't the only remaining option is to shut down their 
> > >businesses.
> >
> > If this is an attempt to further argue your point that most contracts 
> > work well without enforcement, then it fails spectacularly. The simple 
> > observation that any lender's risk management equation is fundamentally 
> > affected by the level of fraud which in turn is directly affected by the 
> > probability of enforcement blows the argument to pieces.
> 
> "directly affected" does not mean that 0% enforcement implies 100% fraud.
> Therefore, my argument that contracts don't *require* the possibility of
> enforcement holds.

You are here discussing an economical plausibility of the 
"contracts and enforcement" issue.

My perception was we were discussing ethical aspects of it.

Sidenote: i strongly believe that ethical but !obviously_economical
wins in the long term _economically_. you might even call me a
fanatic on this issue.

> Bye,
>       Peter
> -- 
> Peter Conrad                        Tel: +49 6102 / 80 99 072
> [ t]ivano Software GmbH             Fax: +49 6102 / 80 99 071
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> 
> Germany

regards, Samium Gromoff