Subj : Re: Recession to Depressi
To   : Kaelon
From : Dr. What
Date : Wed Jul 13 2022 08:27:00

-=> Kaelon wrote to Arelor <=-

 Ka> Capitalism with safeguards and proper institutional regulation is
 Ka> necessary in order to build a long-term vision that ensures that
 Ka> vulnerable investors are protected from exploitation, and that
 Ka> companies have to demonstrate their actual value so that informed
 Ka> investors can be - well, informed!  Private Equity, especially in
 Ka> technology, is largely responsible for obfuscating real value and there
 Ka> is now a reckoning where more than half of all technology companies in
 Ka> the world are fundamentally insolvent.

This pile of nonsence is what is called "soft socialism".

"Capitalism is great, but it needs to be controlled".  "Controlled" meaning run
by "smart" people, usually the state, which only has people who think that they
are smart.

The lame excuses of "we need to 'protect' people from exploitation" is the
normal cry.  In Capitalism there are risks - that's just part of life.  And
having the gov't "protect" people from their mistakes is just keeping them like
children - and controlling them.


.... What are you looking down here for?  Read the message.
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