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> "companies that are utterly lacking in ... diversity ... somehow make massive profits in spite of their handicap." It's important to keep in mind that profit
by avivo 7y ago
> "companies that are utterly lacking in ... diversity ... somehow make massive profits in spite of their handicap."
It's important to keep in mind that profits often result from harmful externalities. Those externalities may only impact particular subsets of the population, and so there may be harms that result from a lack of diversity which are not captured by market pricing. In an ideal world, the market would price these in, perhaps by regulation, but we don't seem to have been living in the world according to e.g. https://www.theguardian.com/lifeandstyle/2019/feb/23/truth-world-built-for-men-car-crashes https://www.theguardian.com/lifeandstyle/2019/feb/23/truth-w... (perhaps I'm misunderstanding, but I think this may suggest that your mother, daughters, etc. are more likely to be killed as a result of lack of diversity in extremely profitable companies...).