" They are incentivized to succeed, and so they do."
Well, they have succeeded so far due to a huge amount of capital and talented people working very hard. I think more importantly is, if a system fails, that it shrinks in power and eventually disappears instead of getting bigger and stronger. A well working free market seems the best way humans have devised to do that so far.
Well, they have succeeded so far due to a huge amount of capital and talented people working very hard. I think more importantly is, if a system fails, that it shrinks in power and eventually disappears instead of getting bigger and stronger. A well working free market seems the best way humans have devised to do that so far.