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by disgruntledphd2
2039 days ago
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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. |
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The bed was made, and now we all get to sleep in it.