May 14, 2016

It Ain't Broke


Ordinarily, I'd ask - why don't all those clear-eyed pragmatic capitalists understand this and do something about it?

I'm not asking that anymore because I think they do understand it; they've done pretty much what they intended to do; and it's working pretty much as they intended it to work.  So this is not some software bug.  It's not a glitch.  It's a feature.

This is what Unfettered Free-Market Capitalism ends up looking like.  When you reduce everything to a simple transaction; when every decision is based almost solely on Risk/Reward/Penalty, then you've removed the ethical dividing line between Right and Wrong - they become interchangeable - and suddenly those aren't people any more; they're revenue opportunities.

Seems like we've been here before.

  

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