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by disgruntledphd2 2039 days ago
But this is not what I'm talking about.

Rewarding greed would indicate that the companies would be making money in some unwholesome way (e.g. selling formula milk to mothers in countries where there is no decent water, leading to the deaths of babies). Ditto concentration of wealth.

What I'm giving out about is the opposite, where money is thrown at these deeply unprofitable ideas which keep expanding on the basis of the greater-fool theory.

That's a really big departure from what capitalism used to mean, and I think it's worth calling this out.

1 comments

Who cares. That's where capitalism is now because letting it run rampant created and caused this.

The bed was made, and now we all get to sleep in it.

> Who cares. That's where capitalism is now because letting it run rampant created and caused this.

So you're not engaging with my argument, and just spouting off anti-capitalistic talking points (which I would agree with, if they were any way germane to the points we're making here).

I'm not sure there's much point in engaging further with you. Have a great day :)