> Indeed, investors left to their own devices act in this way.
Interesting. Capitalism is often touted to be more decentralized than socialism, but this is an example of how it can centralize.
Interesting. Capitalism is often touted to be more decentralized than socialism, but this is an example of how it can centralize.
A partisan Republican will reliably interrupt you to shout nonsense, as if admitting a single positive outcome is trying to deceive them. As if a cost-benefit analysis can just be cut in half. As if these were not just authoritarian/totalitarian, but completely lacking domestic support.
This outcome was achieved with a great deal of money and propaganda over more than a century.
At a distance, I've started to view disorganized, inefficient messes of systems as not all that bad in the grand scheme, because chaotic systems are often harder to co-opt.