Re: National Socio-Economic Security Need for Encryption Technology

["James A. Donald" <jamesd@echeque.com>]

At 08:02 PM 8/11/96 -0400, Perry E. Metzger wrote:
> Clearly, wages are defined by supply and demand -- not by "capital
> investment".

However more capital, relative to labor, influences demand, and more
labor, relative to capital, influences supply.

But in practice, the mobility of capital and the importance of labor
is such that this has little effect.  How much capital do you need
to provide a job for a software engineer?  The major determinant of 
someones value on the international market is who has coercive power 
over him, not the national supply of capital. Capital does not
come from nations, but from individuals.


 ---------------------------------------------------------------------
              				|  
We have the right to defend ourselves	|   http://www.jim.com/jamesd/
and our property, because of the kind	|  
of animals that we are. True law	|   James A. Donald
derives from this right, not from the	|  
arbitrary power of the state.		|   jamesd@echeque.com