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The Market is, left to its own devices, notoriously bad at pricing social and human values. Two examples: teachers and nurses. The social value of a compassiona
by zapperdapper 9y ago
The Market is, left to its own devices, notoriously bad at pricing social and human values. Two examples: teachers and nurses. The social value of a compassionate nurse, if you are cheyne-stoking or supping on your last chemo cocktail is huge. My partner is a nurse and the comfort she has given to the sick and dying cannot be priced by the market. Compare to the banksters who brought about 2008 GFI.
In my friend's case he was simply not able to get sufficient funding for his core research. In the end he gave up and got a job and I don't blame him for that.
> The market is going to buy a warp-drive when someone makes it.
It won't happen if our best brains are figuring out how to make you click on ads and concocting the most effective form of fake news. It is a massive diversion of raw talent and resources away from, say, that nuclear fusion reactor.
- watwut 9y agoPeople tend to think that the compassion of people in nursing profession come for free and that those people are effortlessly like that. Nothing could be further from truth. But also, there is much more in nursing then compassion. It reqires a lot of self control and knowledge.