Crises create challenges and spark debates that give us mirrors for introspection. Among the many important issues that arose from the 2008 financial crisis is the ever growing focus on short-termism in financial markets.
Excessive financialization sucks in talented young graduates from more useful occupations, invents superfluously complex financial products, misdirects investment capital into bubbles, and if unchecked by effective regulation, encourages many evils. So, is this evidence of a finance sector malfunctioning so badly that it will inevitably lead to capitalism's demise?
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