What do we make of this? More window-dressing? A much-needed transitional step away from Friedman/neoliberal economics? — Xtrix
What do we make of this? More window-dressing? A much-needed transitional step away from Friedman/neoliberal economics? — Xtrix
I went on a 100 mile trek through the Owyhee Desert once. I passed through a region called Black Rock. When it comes to money, I let my fund managers handle the investments. I've spent as much time and money making myself an investment guru as I have in making myself an expert on Covid and the vaccines: None. — James Riley
What would you do if they collectively stopped choosing to do this thing you find so disdainful? — csalisbury
P.S. I don't know where you get "disdainful" from. I merely said I had not chosen to invest the time and resources to become as expert at what they do as they are. Like Covid, or a thousand other pursuits. — James Riley
They get latte's delivered to their cubicles, donning nice suit and tie, extending pinkies over wine and cheese, groveling before their overlords with overtime, and secretly wishing they were me. Or not. Their choice. — James Riley
Right - that's why I don't get the story - you were hiking, and you don't manage your money because people you don't respect will instead. Ok - I believe you that's a fair description, but I'm not sure what to take from it. — csalisbury
They get latte's delivered to their cubicles, donning nice suit and tie, extending pinkies over wine and cheese, groveling before their overlords with overtime, and secretly wishing they were me. — James Riley
Hopefully the people (the grunts in the company) managing your money are also able to carve out time to pursue spiritual things. I can't quite grok the moral of what you've said, or why you tagged me, but your lack of time-investment in those things is predicated on others investing time in them. — csalisbury
but your lack of time-investment in those things is predicated on others investing time in them. — csalisbury
I responded to fishfry because I watched a Spencer Tracy movie recently, and he mentioned a movie with Spencer Tracy. — csalisbury
I don't think it says anything about someone to know or not know about it. — csalisbury
Agreed. That's why I posted about the desert, and letting others manage my money for me. Does that make me ignorant, in having never heard of the financial BlackRock? Maybe so, but I'm not losing any sleep over it. — James Riley
I wouldn't lose sleep, no - like I said I don't think it says anything about someone to know or not know about blackrock. — csalisbury
Agreed. That's why I posted about the desert, and letting others manage my money for me. Does that make me ignorant, in having never heard of the financial BlackRock? Maybe so, but I'm not losing any sleep over it. — James Riley
Never heard of it and I don't think this diminishes me. There are lots of things I don't care know about. — Tom Storm
It's monopolism window-dressed as "socially conscious" economics. Concentration of financial, economic, and political power in the hands of self-interested elites. Power taken out of the hands of people and governments by stealth. — Apollodorus
I'm over my head on this, but here's my speculation: A system that imposes a fiduciary duty (look that up if you don't know what it really entails) upon anyone, which said duty shoe-horns itself into legality, ethical and moral righteousness and defense, is the concentration of power in the hands of self-interested elites. It is power taken out of the hands of the people and governments openly and brazenly. It is self-interest alone. — James Riley
My story of the Black Rock desert is no different than your story of the Black Rock movie: irrelevant to the OP. — James Riley
Never heard of it and I don't think this diminishes me. There are lots of things I don't care to know about. — Tom Storm
No one mentioned anything about being diminished. Yet I would argue it's still worth knowing something about, given their power. In the same was as knowing something about Standard Oil in the early 20th century would have been worthwhile. — Xtrix
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