Cory Doctorow on Nostr: And markets are *very* efficient at reward hacking. The point of any market is to ...
And markets are *very* efficient at reward hacking. The point of any market is to multiply capital. If the only way to multiply the capital is through building solar, then you get solar. But the finance sector specializes in making the capital multiply as *much* as possible while doing as *little* as possible on the solar front. Huge chunks of those federal subsidies were gobbled up by junk-fees and other financial tricks - sometimes more than 100%.
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Published at
2024-01-27 17:36:04Event JSON
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