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Following documentaries on the 2008 economic collapse, and tax havens. SF argues that the most talented, smartest, and most capable people will get the best
Following documentaries on the 2008 economic collapse, and tax havens. SF argues that the most talented, smartest, and most capable people will get the best jobs and be rewarded with the most wealth. By this logic, big bankers and executives at institutions like Goldman Sacks, are the smartest and most talented people on earth, and the banking system should work flawlessly.
Question:
- If that's that case, then why did the banks collapse?
- Considering the hundreds of millions of dollars top executives made after the collapse, why were they further rewarded with more wealth instead of ending up impoverished?
- What are your thoughts on SF as a theory for explaining inequality? *BY the way, SF is good at looking at many other things, just not inequality.
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