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A comment on Equifax CEO Richard Smith Who Oversaw Breach to Collect $90M. Parent comment

Re:Equifax CEO Richard Smith Who Oversaw Breach to Collect $90M by dogruck on Friday September 29, 2017 @01:25AM (#15362921)
How do you define "modern capitalism?"
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Re:Equifax CEO Richard Smith Who Oversaw Breach to Collect $90M by FatherCadan on Friday September 29, 2017 @02:58AM (#15363329)
Anything pre-dating the fractional reserve system. Allowing entities to create value from no effort is not raising capital. Fractional Reserve systems lessen the skin-in-the-game spoken of earlier and transfer to societal decision making from the people doing the work and taking the risk to bureaucracies that are 'too big to fail'.
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Re:Equifax CEO Richard Smith Who Oversaw Breach to Collect $90M by dogruck on Friday September 29, 2017 @03:48PM (#15368543)
Interesting. Now I'm gunna go read up on those concepts. TIL.
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