3 ms·
If the people who own them aren’t willing to sell them for economically-rational prices, then you don’t have equilibrium capitalism; you have temporary capitali
by derefr 4y ago
If the people who own them aren’t willing to sell them for economically-rational prices, then you don’t have equilibrium capitalism; you have temporary capitalism as a reaction proceeding toward aristocracy / feudalism. When all the assets are illiquid, there’s no capitalism.