Capitalism isn't inherently short-term oriented. No, but people do tend to be. We seem to be wired to value near-term gains much more strongly than long-term

Capitalism isn't inherently short-term oriented. No, but people do tend to be. We seem to be wired to value near-term gains much more strongly than long-term gains -- http://www.behavioraleconomics.com/mini-encyclopedia-of-be/time-temporal-discounting/ http://www.behavioraleconomics.com/mini-encyclopedia-of-be/t... This then drives us to create the systems that focus on near-term rewards – like the quarterly reporting and equities that can be traded at a moment's notice, etc. etc.