2026-10-04 10:03 UTC
The “invisible hand of the market” is such a fascinating myth, because it frames the results of capitalist endeavors as inevitable and almost holy - but as soon as the sufficiently wealthy and well-connected suffer a setback, then “government bailouts” are granted.
The invisible hand is actually very visible of you dare to look close enough.
Replies (1)
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@Brimstone@lemmy.ml 2026-10-05 03:28
The problem is this time American national debt is too big for the size of bailout needed for AI. Housing is already maxed out so where is the next thing to prop up the market? It’ll have to be robotic automation.