The market loves winners. It loves winners even if they arent - TopicsExpress



          

The market loves winners. It loves winners even if they arent winning -- Amazon has yet to turn an actual profit, ever, but investors think that Bezos is a winner, so they keep shoveling money on top of him. And when we enter the area of crony capitalism, which likes to pretend its the free market, picking winners becomes even less related to success. Charter schools were once a great idea with some real promise, but the whole business has become so toxically polluted with crony capitalism that it has no hope of producing educational excellence in its present form.
Posted on: Sat, 04 Oct 2014 06:10:11 +0000

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