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by shalbert 4195 days ago
The financial industry is necessary for the progression of any industry these days, but you must acknowledge the fact that most leaders of the financial industry don't care about externalities. They are only interested in making money both for themselves and their companies'.
1 comments

There's nothing wrong with that. The basis of capitalism essentially is that a well designed system permits each corporation to act looking exclusively at profits, while benefiting the whole society. I argue that, save for some important exceptions that need to be dealt with, the financial industry currently satisfies this principle.