ABSTRACT

Ossified society and particularly its elected representatives (politicians) will always value the label and the map over the territory. In order to satisfy the needs of petty demagoguery, they will attack the rich, the speculators, and the windfall profiteers-even while they enjoy the economic benefits of the free and speculative markets these actors create. Consider carefully the true meaning of “speculator”: Instead of an economic rapist, he might be the willing acceptor of risk that the market needs, to control risk for traders with different aims and intentions.