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"Markets clear" is one of those meritocracy myths that we the hoi paloi get taught explicitly all the while the elite will tell you to your face they don't beli
by moron4hire 8mo ago
"Markets clear" is one of those meritocracy myths that we the hoi paloi get taught explicitly all the while the elite will tell you to your face they don't believe. Google and Meta are massively profitable companies built on the idea that the concept of value is manipulable.
- fc417fc802 8mo agoWhere did you get the idea that those ideas are mutually exclusive?