'Capitalist are in the banks' This guy is an BS opportunist. Entrepeneurs are the only true capitalist, because they try to manage productive capital to increase their wealth. Banks are leeches in this proces. Typical example of a pampered society member.
Your comment suffers from a binary flaw -- the either-or syndrome. Entrepreneurs are capitalists indeed; but so are bankers. They control the capital that entrepreneurs need and borrow. You might believe them to be leeches and that is your prerogative, but they are still capitalists, though not the only capitalists.
Well, if you are pro climate, wouldn't you agree that the way the worls has been organized by the providers of credit f.i. though globalization, though means of false credit (fractional banking), has had led to the current and future devestation of our planet? Isn't all the 'power' of the banks derived from the fact that they have the right to pretend to have money? Aren't they the biggest fraudsters and destroyers of lives around? What you see as 'credit' is a decietfull obligation to liars
We are working on another video interview with Professor Greenwood on corporate behavior, to explore the question of how best to design a regulatory regime for carbon given that corporations will try to evade it, like they do the tax code. We didn't discuss the role of banks per se in this system, but it sounds like a very good idea.
'Capitalist are in the banks' This guy is an BS opportunist. Entrepeneurs are the only true capitalist, because they try to manage productive capital to increase their wealth. Banks are leeches in this proces. Typical example of a pampered society member.
tubecoin 3 years ago
Mr. Tubecoin
Your comment suffers from a binary flaw -- the either-or syndrome. Entrepreneurs are capitalists indeed; but so are bankers. They control the capital that entrepreneurs need and borrow. You might believe them to be leeches and that is your prerogative, but they are still capitalists, though not the only capitalists.
SolveClimate 3 years ago
Well, if you are pro climate, wouldn't you agree that the way the worls has been organized by the providers of credit f.i. though globalization, though means of false credit (fractional banking), has had led to the current and future devestation of our planet? Isn't all the 'power' of the banks derived from the fact that they have the right to pretend to have money? Aren't they the biggest fraudsters and destroyers of lives around? What you see as 'credit' is a decietfull obligation to liars
estodril 3 years ago
Mr Estodril
We are working on another video interview with Professor Greenwood on corporate behavior, to explore the question of how best to design a regulatory regime for carbon given that corporations will try to evade it, like they do the tax code. We didn't discuss the role of banks per se in this system, but it sounds like a very good idea.
SolveClimate 3 years ago