> Markets are a value ascribing heuristic machine. There is nothing about them that can deterministically point to objective value. However, the idea is that over a longer period of time, an approximation of true value emerges though wisdom of the crowd.
It's a beautiful idea in principle. Ultimately the reality that emerges will reflect the underlying values of the society.
Really makes you wonder about our values, given that presently emerging realities include an increasingly inhospitable homeworld.
It's a beautiful idea in principle. Ultimately the reality that emerges will reflect the underlying values of the society.
Really makes you wonder about our values, given that presently emerging realities include an increasingly inhospitable homeworld.