4 ms·
This is why we societal debt > equity, for ownership is like a debt that can never be paid back. I'm convinced this is a sensitivity to initial conditions phen
by Ericson2314 5y ago
This is why we societal debt > equity, for ownership is like a debt that can never be paid back.
I'm convinced this is a sensitivity to initial conditions phenomenon where if we hadn't transitioned to capitalism from feudalism, equity/ownership-like contracts would be laughed out of the room. "Perpetuity? C'mon!"