5 ms·
That doesn't mean anything.
by microcolonel 9y ago
That doesn't mean anything.
- agumonkey 9y agoI don't appreciate your aggressivity.
- microcolonel 9y agoI'm sorry you feel that way, but you can't aggress an idea. I am here to talk about ideas. At first you imply that forgoing capitalism would save (or help to save) Olivetti. Olivetti only exists because of capital markets, and in a world without capital markets there would be no Olivetti to save. You then said that, in your opinion, "capitalism allows for the speculation game to occur", which is too vague to be interpreted consistently. "the speculation game" isn't a common or publicly defined term, and it hasn't been defined here. You provide no reasoning to support your idea that this undefined thing occurs as a result of capitalism. Because of that, I said that your statement doesn't mean anything. It certainly doesn't mean anything to me, and that's not a reflection of your character, your personality, or your worth. I simply have no idea what you are talking about, because you have been excessively vague in your "aggression" (to use your standard) toward capitalism.
- agumonkey 9y agoOlivetti was doing fine, their owner made a mistake, in a world with less speculation game, Olivetti may have very well survived. Apparently you like to be explained things, it means trading stuff for the sake of profit as much as possible, which is something detrimental if you don't only account for capital. Also Olivetti didn't go out of business due to lack of demand, at all, they've been starved. So your previous comparison with Lada is unfit.
- growse 9y agoI, for one, still don't understand what you mean by speculation game. Do you mean investment?
- agumonkey 9y agoPlaying trading stocks for lever effects to make profits for the sake of profits. Is it still fuzzy ?
- jryle80 9y agoStock trading is just one of many ways aimed at making capital available to whomever need it. Without capital Olivetti may not have existed in the first place (assuming they borrowed money during their existence). You may blame lax of regulation in this regard, which may be fair. But blaming capitalism in general is disingenuous
- growse 9y agoYes. Because what you described is the reason that literally everyone buys / sells most securities, or even starts a business. They're typically not in it for the warm fuzzy feeling, but to make a profit.