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It's not that. The issue is that companies have figured out that ups and downs happen, so if they sail close enough to the wind they capture the upside while th
by snovv_crash 7y ago
It's not that. The issue is that companies have figured out that ups and downs happen, so if they sail close enough to the wind they capture the upside while their limited liability and bailouts protect them from the downside. Privatize profit, socialize risk. The people they are placing that risk onto are not obliged to accept it.