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It's worth noting that the concept of risk justifying disproportionate gains in most incarnations of capitalism isn't any sort of foundational principle. Inste
by Frost1x 4y ago
It's worth noting that the concept of risk justifying disproportionate gains in most incarnations of capitalism isn't any sort of foundational principle. Instead, it was largely just a narrative people thought held true (and there's some truth still).
These days it's largely the mantra that if you can't find a way to pass risk and costs off, you're incompetent at your role. We've learned to optimize risk away from the reward system and made it socially and culturally acceptable. Before, it was less accepted, hence the narrative. Anymore, people don't even paint the facade.