Thank-you for sharing. The markets can remain irrational longer than you can remain solvent. Have you noticed how news stories are played against chart patterns? The true story of insider trading, market manipulation, etc...must be absolutely staggering. Would we be better off without a stock market? Or how about no day-trading and no trading on margin? Derivatives should surely be eliminated.
I'm not sure what the happy economic medium is. Work is a good thing...but work related injuries, ulcers, ugly power struggles, unethical business practices, heart attacks, etc, etc...are bad things. I'm pretty much a laissez faire capitalist...but with the qualification that responsibility should be rewarded...and irresponsibility should be punished. So often...ethical ambiguity, social irresponsibility, and heartless unbridled greed...are rewarded...while honesty, kindness, ethical concern, etc...are punished. I guess I long for a civilization more in harmony with nature and each other...while still well informed and technologically advanced. I long for one huge stratified middle class...without billionaires or destitute poor.
It seems that it is much easier to make money...especially a lot of money...if one is unethical. When one thinks about making the world a better place and about what is in everyone's best interest...it becomes harder to do unnecessary surgeries...harder to sell people things they don't need or which may harm them...harder to start wars to sell weapons, obtain oil and opium fields...harder to perpetrate ponzi schemes and market crashes, etc, etc, etc.
If a drugs and surgery hospital effectively promotes prevention and natural treatment...they will attract the wrath of the AMA...and put themselves out of business. Building a fence at the top of a cliff is far less profitable than running an ambulence service and hospital down in the valley.
The most ethical, competent, and responsible people should make the most money. Is this the way it is now?
