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> There is no "we" allowing or disallowing anything. Who is this "we" and why do use suppose they have some divine insight into the ideal allocation of capital
by ardy42 6y ago
> There is no "we" allowing or disallowing anything. Who is this "we" and why do use suppose they have some divine insight into the ideal allocation of capital?
You only really own something if enough people in society ("we") agree that you do own it. If enough of "us" change our mind (for instance, if your ownership is no longer useful to us), then you don't really own that thing anymore.
- imgabe 6y agoWe, that is you are free to devalue Facebook stock at any time by not buying it. The fact that most people are not doing that should tell you that you are not as much a part of the dominant "we" as you think.
- ardy42 6y ago> We, that is you are free to devalue Facebook stock at any time by not buying it. > The fact that most people are not doing that should tell you that you are not as much a part of the dominant "we" as you think. You missed the point that I was making entirely.