How do you explain non productive price speculation where no additional goods are produced?
The point is individual gain for the investor is ALWAYS the goal of capital allocations under a capitalist system.
It may enable greater consumption by the individual as a result but at that point the individual is not actively engaging in capitalism but rather consuming their profits and capital.
How do you explain non productive price speculation where no additional goods are produced?
The point is individual gain for the investor is ALWAYS the goal of capital allocations under a capitalist system.
It may enable greater consumption by the individual as a result but at that point the individual is not actively engaging in capitalism but rather consuming their profits and capital.