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by itairall
1098 days ago
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I don't think you can separate out the higher order effects of financialization and the downgrading in social status this has had for anyone not involved in some kind of finance. In 1972 there was all kinds of social status that could not be bought and now social status can almost only be bought. Imagine if the collective brain power of the hedge fund industry right now was working on science instead? It is a night and day difference. |
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