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Plus the system lets you do highly risky things and be paid handsomely if you are right, so by definition you will get these guys and this is wonderful because we keep a lot of the benefit they create. This is the main end feature that makes it work in my opinion. There is a smart and large part of the population motivated to take huge risks on their ideas by guys winning like this and when they win we usually benefit because they cant capture 100% of the value they create and if they lose they absorb the cost. As more of the downside is socialized (i.e. crony capitalism and marxism) the system breaks down.