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08/07/24
17:01
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Originally posted by pintohoo
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The biggest driver of improvements to society and humanity has been risk capital and free markets,
'' risk capital and free markets''
oh really - well, golly gosh
all of that 'risk capital' and free markets we see that built Silicon valley - has gone on to give us one of the greatest wealth inequalities and wealth divides in history
how's that for performance
oh wait - the sheer volume of the greatest wealth creator in history - Silicon valley - most of it has been channelled into war spending, so America has gone around the world killing people and destroying their homes, family and lives
not quite how I would describe ''The biggest driver of improvements to society and humanity''
but, you may not enjoy those actual historical facts - they may upset your beliefs
reality does that often
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Trains, cars, planes, washing machines, radio, television, computers, most medicines, new health diagnostics, jeez even things like wheelchairs wouldn't have improved to the standard they are today without a profit motive, the lists go on and on, without risk capital we wouldn't have any of those things.