There
is no point in being angry at God if you are an atheist. There is no one to
direct the anger at. I am anationalist and an acorporatist. Not in the sense
that I don’t believe in Nations and Corporations. Just that I don’t believe
they are people. There are people that believe in them, and they have power to
impact actions. But they are stories. Stories that influence the choices of
others and create vested interests worth protecting. The tobacco industry loves
high taxes and zero advertising. This stops new entrants and protects the
lingering story of the old titans. Similarly the Asset Management industry
wouldn’t be happy if the cost of investing fell to zero. To manage money for
others requires Capital, a buffer for insecure income, and financing a stream
of expenses. Needing money to make money protects those who already have money.
They want the associated expenses as a barrier to entry. A way to prevent staff
from getting ideas. Senior analysts don’t break away to do their own thing
because they have fired enough junior analysts to know the lightning that
started their careers has to hit twice. They know the emperor is wearing no
clothes. They also know that winners tend to keep winning. Starting is hard. If
we want real change, we need to empower starters.
Old Stories Have Power
