4 ms·
Robustness isn't incompatible with capitalism, it's incompatible with any system where the government is willing to swoop in and bail out companies that fail. C
by HideousKojima 5y ago
Robustness isn't incompatible with capitalism, it's incompatible with any system where the government is willing to swoop in and bail out companies that fail. Companies that plan around failures/shortages/disruptions lose the ability to profit from their planning, while those that didn't plan ahead get showered with free money or cheap loans.
- whall6 5y agoI don’t understand why this is getting downvoted considering this is almost verbatim what Taleb preaches.
- WillPostForFood 5y agohe forgot the trigger warning: this post does not blame capitalism for all modern ills.