Fulfilling your role

They may know that they’re mortgaging the future of their grandchildren, that in fact everything they own will be destroyed, but they’re caught in a trap of institutional structure. That’s what happens in market systems. The financial crisis is a small example of the same thing. You may know that what you’re doing carries systemic risk, but you can’t calculate that into your transactions or you’re not fulfilling your role and somebody else replaces you.

Noam Chomsky

Advertisements

Comments are closed.