2 ms·
> a clandestine guild creates artifacts from a fictional world with the intent to deceive In coolly-detached economics terms, we could call it a large-scale bu
by heresie-dabord 2y ago
> a clandestine guild creates artifacts from a fictional world with the intent to deceive
In coolly-detached economics terms, we could call it a large-scale business in assymetric information.[1]
But the abuse of assymetric information can lead to market collapse. And to judge from the state of modern society, the information collapse has returned people into Plato's allegorical cave of ignorance and fear. [2]
The intellectual catastrophe is the same, but the difference in the modern world is a) the enormity of what we have lost, and b) that people's caves are more comfortable and they watch the shadows dance on a wall of high-resolution pixels.
[1] _ https://www.investopedia.com/terms/a/asymmetricinformation.asp https://www.investopedia.com/terms/a/asymmetricinformation.a...
[2] _ https://en.wikipedia.org/wiki/Allegory_of_the_cave https://en.wikipedia.org/wiki/Allegory_of_the_cave