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Disagree - every job has bad work that doesn't appear so until later. The mechanic who just uses a cheap fix to get you out of there, the plumber whose work re
by nickpinkston 6y ago
Disagree - every job has bad work that doesn't appear so until later.
The mechanic who just uses a cheap fix to get you out of there, the plumber whose work results in a frozen pipe that leaks behind a wall, etc.
Finance is no different. The only issue is that in a capitalist society, bankers hold a lot of political/economic influence, and this results in bad incentives for the rest of us.
- spking 6y ago*crony capitalist society There is a difference.
- jiveturkey 6y agothere's no other kind, in practice
- lotsofpulp 6y agoYou are correct. But the intention of my comment is that those failures are evident quickly and more easily, and don’t have as much of a shield from plausible deniability.
- me_me_me 6y agoYes, the other day I found out my mechanic did terrible job fixing my car and in fact they damaged it. I came back to the garage and rewarded them with obscene bonus money. I also reassured them that I will be coming back for more business in the future.