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> taking a risk You are only taking a significant risk in production investment in an unplanned economy. So it is tautological, circular reasoning. Capitalis
by feedforward 2y ago
> taking a risk
You are only taking a significant risk in production investment in an unplanned economy.
So it is tautological, circular reasoning. Capitalists want an unplanned economy and then say they deserve their profits for the risks of an unplanned economy.
(Theroretically - of course, the US economy is not unplanned, but semi-planned - we type on chips paid for by US military spending sent to Fairchild, over IP packets on a network created by DARPA handing taxpayer money over to BBN etc.)
- WalterBright 2y ago> You are only taking a significant risk in production investment in an unplanned economy. Any investment that is a "sure thing" is going to have a very low payoff. Sure things also tend to have a track record of imploding.