4 ms·
Unless you just enjoy the process of acquisition. I’ve seen people shake and twitch with existential rage during negotiations that would result in their net wo
by svnt 4y ago
Unless you just enjoy the process of acquisition.
I’ve seen people shake and twitch with existential rage during negotiations that would result in their net worth possible going from ten figures to a marginally higher ten figures, and the same for the next order of magnitude. They were made either way, and they acted as though their life was at risk.
It is nothing but a greed impulse that most of us were taught to overcome during early childhood, but we give it license and credibility as some ultimate good.
- Ferrotin 4y agoThere is a guy on the other side of that transaction who would capture that surplus value.
- svnt 4y agoThis assumption promotes the behavior and at the same time assumes everyone in the room is playing for the same ultimate incentive. The problem is a self-reinforcing positive feedback loop. It seems that only if you can avoid (or want) a tragedy of the commons should you solve that by introducing more self-reinforcing feedback loops.