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> If you can make friends with people who have insider info, you should be rewarded with your networking prowess. Why? How does rewarding people for this serve
by umanwizard 5y ago
> If you can make friends with people who have insider info, you should be rewarded with your networking prowess.
Why? How does rewarding people for this serve any useful social or economic purpose?
- xwolfi 5y agoDarwinist evolution in this person's mind: by rewarding inside networkers and punishing late to the party outsider, you'd reach a state where everyone "cheats" to a point this behavior would be the norm. If we push the wild west theory to its limit, we'd end up in a world where formerly insiders' financial news would cycle and ripple at super fast pace, akin to having a public mic in every trading floor. This is probably what this person think would be the fairest: instead of a hard to enforce artificial safety, we'd have a transparent, free to join jungle. But he fails to see most people arent sharks and therefore electors or noisy public representatives always push to slow things down.