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Wait what is this about Cortez not being able to break even due to overcapitalization? It sounds really interesting. Would love if you could point me to a sourc
by littletimmy 11y ago
Wait what is this about Cortez not being able to break even due to overcapitalization? It sounds really interesting. Would love if you could point me to a source where I can read more about this.
- quadrangle 11y agoThe poster you're replying to specifically referenced a book that discusses this and related topics, with tons of citations. You should read it, it's an amazing, important book.
- borkabrak 11y agoTry David Graeber's Debt, The First 5,000 Years :)