> They also assess risk, make forecasts, and make decisions on how capital is allocated.
I think they were making a critique of neoliberal capitalism, which might be represented as:
1. Capital efficiency
2. ???
3. Social benefit
Obviously, if you've bought in, #2 doesn't feel at all vague to you. But it's not uncommon for many to step back and see the whole enterprise as an underpants gnome scheme that's on track for a lot of underpantsless global citizens.
I think they were making a critique of neoliberal capitalism, which might be represented as:
1. Capital efficiency
2. ???
3. Social benefit
Obviously, if you've bought in, #2 doesn't feel at all vague to you. But it's not uncommon for many to step back and see the whole enterprise as an underpants gnome scheme that's on track for a lot of underpantsless global citizens.