nancylebov (nancylebov) wrote,

Investment in a non-optimizing society

From memory: I was talking with womzilla about my notion that a non-optimizing society would work better than what we've got now, and he asked me how it would be possible to raise money.

I think that one's solvable: you'd have to say something like "we have good people and good products, and this new project will produce a solid rate of return" or "we have good people and a good history and this new project is risky but plausibly worth it" instead of saying "here's a chance to rejoice in the defeat of your enemies the best thing ever".

I have a notion that a non-optimizing economy would have more emphasis on bonds and dividends rather than on stock trading, but that's just a guess.
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