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by aianus 4415 days ago
GM, Boeing, Tesla, none of these companies would exist without the financial industry. There would be no such thing as large enterprise because no one person or institution can take on that much risk other than the government and we've seen what happens with centrally planned economies.

So, yeah, finance is more vital than any other business.

1 comments

This is a pretty broken argument. Those companies also wouldn't exist without the steel industry, or the construction industry, or the electronics industry, etc. etc.