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but it's more complicated that "makes greedy people rich" this "greedy people" are humans embedded in social circles too. Many are in situations (social circum
by bsedlm 5y ago
but it's more complicated that "makes greedy people rich"
this "greedy people" are humans embedded in social circles too. Many are in situations (social circumstances) in which they are not really free to not be greedy. Further, many of these "greedy people" are not even individuals but corporations (autonomous money, as I half-jokingly think of them) i.e. businesses large enough that all the decisions are systematically directed to increase stockholder value (if they don't 'beat the market' their investors are loosing money)
- _jal 5y ago> autonomous money, as I half-jokingly think of them I don't think that is a joke. Corporations are old-school AIs. They still mostly run on meatware, but that's changing.
- germandiago 5y agoI love a quote from Milton Friedman that talks about greed when he was asked. It is from the top of my head but it is very close I think: "Some say people are greedy. Of course it is never ourselves it is always our fellows who are greedy."
- deleted 5y ago[deleted]