COMMENT ⊗   VALID 00002 PAGES
C REC  PAGE   DESCRIPTION
C00001 00001
C00002 00002	THERE SHOULD BE A SOCIAL CONTRACT
C00007 ENDMK
C⊗;
THERE SHOULD BE A SOCIAL CONTRACT


	Much of  the strife in our society arises from groups jockeying
for advantage.  The amount of strife is accentuated by the following
circumstances:

	1. Only some of the circumstances determining the position of
and individual or group are subject to influnece by that individual or
group.  Thus an employee can influence his wages either by the market
mechanism of making himself attractive enough so that his em`loyer
lustpay m/pe or lose him, or by collective bargaining throegh unions.
Hogever, he has mech less ability to influence the priceshe p↓9q	α@.d Dλ$ 3¬JλQrQ@≤00r_y2P⊗Xr2P0]0tv0X62P:≠P44vK∧EεEαY↔⊂*≠P:42H2|:2[:⊂:4_z⊂82[x62P_y2P3≤2rP:≠P1t0[3rP:~2tyεB7qqz\0z4w[9P0w→⊂:7P_t0w3YP:42Zy⊂9z\864r\9V⊂:~2P6p\5rz⊂≠rqt0[4yvFB92sz[0z2yH894qYyP0w→⊂;psYyP4wλ0P92Xyww0X62P;X|W⊂⊂∩7{r{→y⊗⊂0H82y9[wεE1Xw77zλ1t0w→rP44\P:0v→w:9P_w2⊂7Y:2w⊂_pw77]⊂1t0[3rP4~yP9uZv69P≠yεE1Xw77zλ1t0w→rP:4→vP;t]4⊂0w≡P0yy]y0w1YP7s⊂≥42P9→yzv:≤P7s⊂≤zqtεB1t0w→rW⊂⊂⊂2ytr→yP:4~yV⊂:~2y2P_y2P6Xw<P9Zz:pz~ww9P~w⊂;t~qt⊂:~2y2P~yFE7[2P7yλ7w6<H0P32]P2s3→qz4{→P1:|Yy9P0[2⊂9r[62y9K⊂⊂$wλ:42yYP1pyYyVεE≥42y2H4yP7≠z⊂0P≥w4xzYP894XrP1:]⊂7w6≡P0P9_w3rP≠s⊂89~qryP~w⊂;t~qtεE~z⊂80↑yP:4→P1:|Yy⊂0w→⊂9rv≠2y⊂:≠P1wvYP:7P_w⊂0s\2rvr[:↔εEβE∧j0ZrP0yH0w⊂2↑0vx6→P:42H;psr\P7s⊂≤7v4qYvrw⊗λ2yx2Xtpv6≡P87v~qrvr[εE7sλ1ww9Zr2y0X62P2↑82y4Yw1rWλ⊂ w⊂→|82y~rw1rY⊂87v~qrvp[⊂;tz~⊂77P≠z42yβE3zp\0w:2Yr⊂6p\5rz0X62P9Ztv6⊂≠tst:λ34w2λ4z⊂:≠P44yH0r;0[:0srH:7P:_urFE≤p|P→YP7sλ44yP≤92yr[:⊂80↑P12s≠y2P4→P;wz[2⊂34[2⊂4zλ;wy:~;t4v→P:7FB8ztzλ0w2⊂≠7wuP→7y⊂0[7z42\⊂57q⊂⊂&4Zr{tyYV⊂9wXtrz<H72rr≤P87v~qrvr[εE0w→⊂;wz[2⊂9z~v6⊂2[x67|H:42vH2{2wλ4s⊂:~2|P1[yz⊂2≠zq62H;t0zλ:42|CE77{H1wyz⊂⊂+t→y2P:~2P9p[0y4r\P7s⊂≤7v4qYvrw⊂≥tv6⊂_2P4wλ:42P≤0w3rCE7s⊂≤7yytX62P9Xv0y4YyP4yH22z2\6tw2Y⊂1<P_P7:vX2y⊂7Y⊂30q]7y9Wλ⊂$w⊂≥42FE_pyrP≠s⊂87[4qrvYw⊗⊂:~2P92[2{0w≥⊂30q]7y9P_y2P8≤7q0q≠<P0P≥90r4]4wwεB0q7z]⊂:42H92v0]4{2P~w1wvYyP7sλ87v4Xrvrwλ0w2⊂≠z42yλ7qqz\0z4w[9VεE≥42P0X4v4z≡P7s⊂≤7v4qYvrw⊂_w2⊂:~2P39~rw29H7s⊂8≠v4qr[rw⊂:≠P4w3≠:rw1YFE67Xpv⊂8≠v4z4Xpv⊂8≤7qry\ryV⊂_w2⊗⊂→4w0v≠<V⊂:~2P24\2qz⊂_0y0sXtw4w→FE87]ry2P≠s⊂7y→pw4yXz4ww≤P7s⊂≤7v4qYvrw↔λ⊂ v6λ:44yH3wryH4w:7H0P89≠qryyCE:40]⊂4yP_v9wP~w36:Yw1rrλ1<P:~2P4w_wvrP≠s⊂:4→P1tz≡P0w2λ:42P≤z92w→z4εE≠s⊂7z~2y⊂3\7zx9H;tz4λ1v0t[yP7wλ:44yH4w1w[rP0w→⊂:42H9z92[3z4⊂≠s⊂:4→FE:0↑80|r\⊂4w:→y2yz≤P:40]⊂;wz[2⊂64ZrP:7H80|P≠2yyWβEεE∧LW⊂'w→P:42[y<P4\P:40]⊂:42\rP24Y34qz[:4ryH7w6<H92s6→qz⊂4[x2y3→qz4w[9FE7Y⊂:42W market mechanism or interference with it.  The idea is that
it is possible to so perfect that mechanism that all bargaining will
be eliminated and all prices and wages will be determined by the
intersection of supply and demand curves.

	My opinion is that the market mechanism is fine where it works,
but it cannot, even in principle, work in all cases and that other
mechanisms are required.  I will not argue the point here, because
the view is in fact the most common one, and others have argued
the point better than I could.  I merely announce it as a basis
for what follows.