3 ms·
how about this - you can store "excess valuation" as pieces of printed paper aka financial instruments, recognize the appreciation of their value in trading, bu
by mistrial9 3y ago
how about this - you can store "excess valuation" as pieces of printed paper aka financial instruments, recognize the appreciation of their value in trading, but also pull behind-the-scenes moves such as multiple classes of stock, different terms for different purchasers, front-running the trading of them, exchanging them for less than face value in private deals, etc.. they also work well at scale.
OR you can recognize skills development in humans, who are social, who show repeated contributions of skill, talent, looks, actions, insights into written works or other human activity, and then recognize them with payment for their increasingly valued skills. You can also collect together and negotiate with them (publishing side), gather others with skill and negotiate (writers union) collectively, put value into items that only that individual can hold or make (personal items like letters).. and thereby deliver the OBVIOUS value that they bring, with bargained economic instruments.
When one side demeans, disenfranchises, belittles, avoids recognition of, uses dirty tricks to steal from, the other side, it looks pretty bad. Often this behavior is egged on by third-parties with only personal interest in mind, like for example, investors.. who might use their wealth leisure time to engage in some of these anti-social and/or criminal market behaviors.
When an entire class of people in a civilization, like perhaps talented artists, actors, illustrators, writers, and other creative, are threatened for their income and future wealth, and get detracted by investors in public.. that looks pretty bad too.. Perhaps some of that is a little like what is going on now in Hollywood, California and related industries.