I have three questions for your risk- reward argument.
1. Would you support giving the winner of a particular year olympic 100m sprint winner a 50m head start in the next olympic's same event? If no, then how would you support the same thing in wealth building?
2. Is everyone equally posed to have circumstances for risk taking ? Then some people are at an undue advantage to be able to take that risk, which follows from my first point.
3. Why such a large volume of corporate debt write off then? And not to mention the undue favors granted because of chrony capitalism. Where is the risk remaining then? Failure is distributed, but profit is privatized !
Waiting for your response, Thanks.