LINK Of Two Minds - The Illusion of Getting Rich While Producing Nothing
"Of all the mass delusions running rampant in the culture, none is more spectacularly delusional than the conviction that we can all get fabulously rich from speculation while producing nothing. The key characteristic of speculation is that it produces nothing: it doesn't generate any new goods or services, boost productivity or increase the functionality of real-world essentials.
Like all mass delusions, the greater the disconnect from reality, the greater the appeal. Mass delusions gain their escape velocity by leaving any ties to real-world limitations behind, and by igniting the most powerful booster to human euphoric confidence known, greed.
Lost in the mania of easy wealth from speculative trading is the absence of any value creation in the rotation-churn of moving bets from one table to the latest hot game: in flipping houses sight unseen, no functionality was added to the house. In transferring bets on one cryptocurrency to another or from one meme stock to another, no value to the economy or society was created. ..."
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Posted by HeresiarchProud Papa moment - My daughter and her wife have worked in a Bob Evans meatpacking plant for years.
Posted by HeresiarchProud Papa moment - My daughter and her wife have worked in a Bob Evans meatpacking plant for years.
Posted by SpikeTalonI think most members in this group would agree with this. State and local police forces these days have morphed into a business.
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Posted by DeJakeBut who would protect us?
Posted by DeJakeWhen everyone thinks they're 'free'
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Posted by DeJakeFunny how that works out...
Posted by Rick_Giles[anarkiwi.co.nz]
Posted by DeJakeMost moral and most prosperous
Posted by DeJakeHave a free and Merry Christmas all!