4 ms·
It's becoming pretty clear that we don't have true capitalism anywhere in the world and that humans will intervene on any level to avoid even short-term sufferi
by cylinder 13y ago
It's becoming pretty clear that we don't have true capitalism anywhere in the world and that humans will intervene on any level to avoid even short-term suffering and ensure a tumultuous future for themselves and their progeny just to maintain their current living standards (see: rising debt, rising CO2, unmanageable pension obligations, etc).
With human behavior as such, I don't see how we can ever have a true capitalist system that has actual consequences for failed investments. We're presently making money out of thin air just to give the illusion of productivity. Houses and Twitter becoming more expensive does not mean an economy is functioning in anything near a healthy manner.
What is the answer? What do you do if you don't want to participate in asset bubbles, or more commonly, can't? If this is "the game," how do you play it? It seems like a miserable living if you either can't play the game because you don't have access to capital, or you play it and end up suffering stressful loss every 5-8 years when a bubble pops and you didn't jump out at the right time.
When I contemplate this type of living, I want to disappear to a bucolic cheese farm like the one in the article, be near animals, who seem more sensible than humans, really.