there was no expectation to be constantly immediately available. you didn’t have the world at your fingertips, so there was no pressure to immediately resolve all situations.
it was nice. slower. less pressure.
oh and the lower level of blatant exploitation and theft by mega corps and the uber wealthy was nice. not good enough still, but better than now
Anybody can trade like they’re a registered broker on Wall Street, so that’s new, and gig work with no employee protections is increasingly the norm. Antitrust regulation is old-fashioned, while it was still kicking in the 80’s. Whether monopolies are more or less capitalistic is up for debate, but we all know they’re not good.
On the other hand, the financial markets are still much more regulated than before the Recession (or, we hope so), and you can’t get away with money laundering or creative accounting quite as easily. There’s also more environmental regulations, especially outside the US.
there was no expectation to be constantly immediately available. you didn’t have the world at your fingertips, so there was no pressure to immediately resolve all situations.
it was nice. slower. less pressure.
oh and the lower level of blatant exploitation and theft by mega corps and the uber wealthy was nice. not good enough still, but better than now
Hyper capitalism of the 1980’s would be considered quant, by today’s standards
Anybody can trade like they’re a registered broker on Wall Street, so that’s new, and gig work with no employee protections is increasingly the norm. Antitrust regulation is old-fashioned, while it was still kicking in the 80’s. Whether monopolies are more or less capitalistic is up for debate, but we all know they’re not good.
On the other hand, the financial markets are still much more regulated than before the Recession (or, we hope so), and you can’t get away with money laundering or creative accounting quite as easily. There’s also more environmental regulations, especially outside the US.