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by ucaetano
3029 days ago
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Sure: "Apple Computers is a famous example: it was founded by (mostly Republican) computer engineers who broke from IBM in Silicon Valley in the 1980s" The level of stupidity in this quote is unbearable. Basic fact checking for 5 seconds on Google would have been enough... Now take that and apply the Murray Gell-Mann Amnesia Effect. And that's before we get into ignominious phrasing such as "I would like to end, then, by putting in a word for the non-industrious poor. At least they aren't hurting anyone." Debt is a book written backwards. It starts with and idea: capitalism is bad and debt is the instrument of capitalism. It then piles up and links selected - but vague and frequently unsourced - anecdotes to try to create a logic supporting that idea. From an economics perspective, it isn't even wrong. But it does sound appealing to anyone who has debt or dislikes capitalism. Therefore, I expect a lot of downvotes. [Edit: typos] |
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