The Inversion Investor

The Inversion Investor

Pragmatism in the Hierarchy

Peter Pham's avatar
Peter Pham
Dec 12, 2024
∙ Paid

In a technocratic economy, you cannot afford to be too pragmatic. Consider taking a stroll through a cash-oriented Chinatown, where commerce and trade are handled with extreme pragmatism. Passport bros might look at it and say, “Look, that’s capitalism.”

If it is capitalism, it’s a very basic form—basic because of its overemphasis on pragmatism, so much …

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