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by Arainach 20 days ago
The market can remain irrational longer than any of us can remain solvent. The market is not any good at strategic or long-term thinking, particularly if it takes a generation to realize the scope of the damage, as seen by America abandoning its ability to manufacture things in chase of short term profits.
1 comments

This is exactly the right answer. The supposed "rationality" of capitalism can ruin us before we get a chance to dazzle the world with our contrarian insights.
I hate how that very argument has been used by people riding the tide to rationalize the irrationality. Money talks or something. If you don't like it here why don't you leave etc. It is a grifters goto statement.