I agree with all that. I just speak out in these dumb threads where people say things like “you can literally just remove the capitalist from the picture and nothing changes.” Capitalism needs to be reformed, not discarded, and it certainly doesn’t need to be misunderstood completely (as some others here seem to be doing).
My dad did his MBA dissertation on places that have no liquidity markets and it’s very ugly when there is no capital to grease the gears. He then spent 30 years approving small business loans for a bank. So I guess you could say that I have a proud family tradition of valuing capital. But the world keeps minting teenagers who think the world would somehow just keep going without it.
I agree with all that. I just speak out in these dumb threads where people say things like “you can literally just remove the capitalist from the picture and nothing changes.” Capitalism needs to be reformed, not discarded, and it certainly doesn’t need to be misunderstood completely (as some others here seem to be doing).
My dad did his MBA dissertation on places that have no liquidity markets and it’s very ugly when there is no capital to grease the gears. He then spent 30 years approving small business loans for a bank. So I guess you could say that I have a proud family tradition of valuing capital. But the world keeps minting teenagers who think the world would somehow just keep going without it.