Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Farmer-Rick

(12,088 posts)
11. Advocating for "free" markets is not in the same league
Mon Oct 10, 2022, 01:38 PM
Oct 2022

In fact advocating for "free" markets is probably the opposite of advocating for peace or to end global warming. (I assumed you were against global warming.)

But thanks for the link and it says the Academy awards it. And it looks like some of the judges are from the bank that pays for it. So, when bankers vote on a prize you can bet it won't be for the good of the majority of the world.

It does matter if Nobel established it or some rich bank that makes billions off stocks funds a prize by hiding behind an established honored award. The Nobel prize has come to mean more than a rich man trying to appease his guilty conscience. It actually has some gravatus because it attempts to be unbiased in the long run.

The bank actively still funds the prize and sits in judgement on who did their best to make them richer.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Bernanke, Diamond, Dybvig...»Reply #11