frank miller
Michael Bailey
michael.lee.bailey at gmail.com
Tue Nov 29 19:19:28 CST 2011
alice wellintown wrote:
>
> Also, you
> don't know what a derivitive is. do you?
>
I would love to read an explanation by you. You have an interesting
prose style.
I have read up on them a little but, because I'm not a deep thinker,
they seem to me to be the type of thing that embodies the worst
aspects of capitalism:
they are basically gambling (which I don't approve of)
they are a zero sum game: for every winner there's a loser
they are prone to manipulation and speculation, allowing people for a
minimal investment to damage or even destroy companies that otherwise
could fill human needs
they feed an effete corps of profit-takers who produce nothing, but
whose money competes for things and services that are actually worth
having in their own right
they produce profits disproportionate to the amount of value (if any)
that they add - which distorts the marketplace for everything else and
draws talented people who could be gainfully and probably more happily
employed in ever so much more useful pastimes
how wrongheaded and stupidl am I, to think such things?
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