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Doesn't this argument break down fairly quickly when you take into consideration information asymmetry between actors. Let's imagine you are providing future o
by Crye 8y ago
Doesn't this argument break down fairly quickly when you take into consideration information asymmetry between actors.
Let's imagine you are providing future options to Congolese farmers, but you know you can poison the water supply and cause specific crops to fail. In this situation you, you sell the Congolese farmer a contract stating that he will sell his crop for a specific price while you know the constrained supply will increase the price to absurd levels.
Know you just got a bunch of money and yes you provided "value" to the farmer but at the cost of everyone else.