4 ms·
Ultimately I find that commoditization enables the purest form of the banality of evil. Commoditized goods allows the bad to be sorted in with the good, allowi
by r00fus 3y ago
Ultimately I find that commoditization enables the purest form of the banality of evil.
Commoditized goods allows the bad to be sorted in with the good, allowing a price to be put on the commodity. Great where it's applicable but horrendous when it's improperly done - ie, home loans, or intellectual property.
If your commodity markets aren't properly regulated you get a race to the bottom. If you are trying to commoditize something that shouldn't be, it's effectively enables white-collar looting or money laundering.