Re:Food security and the coming storm
by yourapostasy on Monday May 30, 2022 @02:52AM
(#31556137)
> Memetically people are still pissed off about the change centuries later.
Because specialization gave up autonomy, with zero corresponding accountability in return, so capital holders got most of the upside with none of the downside once positioned as too big to fail, and dependent stakeholders got short-term time resource benefits while their grandchildren onwards got exposed to oligopolistic pricing power, and externalities like fragile supply chain ramifications pushed upon them. Snarking like this in shallow analyses is exactly what Soros warned about with reflexivity.
Because specialization gave up autonomy, with zero corresponding accountability in return, so capital holders got most of the upside with none of the downside once positioned as too big to fail, and dependent stakeholders got short-term time resource benefits while their grandchildren onwards got exposed to oligopolistic pricing power, and externalities like fragile supply chain ramifications pushed upon them. Snarking like this in shallow analyses is exactly what Soros warned about with reflexivity.