Thursday, September 22, 2011

SOCIAL CONTRACT EXPLAINED BY ELIZABETH WARREN


Elizabeth Warren, as I've noted here many times, knows what she's doing. This is what the social contract and the laws of justice are all about (mutual consent and political balance). Kudos to my friend Seven for finding this ...

“You built a factory out there? Good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police-forces and fire-forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory — and hire someone to protect against this — because of the work the rest of us did.

“Now look, you built a factory and it turned into something terrific, or a great idea. God bless — keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along.”
Warren is running for U.S. Senate in Massachusetts against Scott Brown. You can bet that Wall Street will throw a ton of money at Brown. Warren is the real deal. I hope she wins.


- Mark

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