Post #1387637

@kentpitman wrote: «All the "smart", high leverage things we do increase our risk because risk is not something the capitalist markets care about. They mostly see risk avoidance as short-term inefficiency and would like to remove it.» P.S. I think this problem regarding risk is more fundamental than capitalism per se. And this problem has been getting ever more serious since the Industrial Revolution, which also begat capitalism (or so I have been taught). Similarly, consumerism is (in my not so humble opinion) a much older problem than capitalism, and it, too, has been getting more and more serious since the Industrial Revolution.