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Pension funds own all large industries as a total, most competition today outside of startup crechee fields is non-existing. Turns out, giving state functionali
by winReInstall 4y ago
Pension funds own all large industries as a total, most competition today outside of startup crechee fields is non-existing. Turns out, giving state functionality to free market participants does not make the state more dynamic, it makes the market more like a state, introducing a command economy like central structure and a aversion to change.
The market hurt itself in its victorious confusion. So yeah, that lack of innovation and capability of western economics, your private pension does that.
- kramerger 4y agoPension funds need to be stable, not fund moonshots
- winReInstall 4y agoInnovation death of a whole society is a stable condition