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People wkll invest in the ventures that have a profit, because those can weather the storm. Eventually the growth of those companies creates the economic surplu
by Geisterde 3y ago
People wkll invest in the ventures that have a profit, because those can weather the storm. Eventually the growth of those companies creates the economic surplus that allows greater specialization to return, only built on a foundation of profitable companies.
When you bail companies out, you create zombies that dont need to compete for the business, they will weather the storm and come out the other side monopolizing the market. The specialization that flows from that is the spread of a cancer, doubling down on a failed foundation.