3 ms·
> The problem is not the mechanism of capital distribution, it's the incentives. ...which is exactly capitalism: 1) private companies are required to maximize
by eeZah7Ux 6y ago
> The problem is not the mechanism of capital distribution, it's the incentives.
...which is exactly capitalism: 1) private companies are required to maximize (short term) profit as their first priority.
2) the billionaire class can heavily influence policy through regulatory capture