If there's a gold mine, and everyone is scrambling to claim a share of it, how can I predict who will achieve the greatest success? The reality is that I can't.
Since the outcome is uncertain, the strategy is to invest in anyone actively engaged at the gold mine.
This approach is obviously simplistic and loosely-speaking. In practice the network effect would be precedent where I would favor investing in individuals I'm acquainted with, who possess a track record of experiences and competence in generating wealth.
So the point is, there is nothing wrong with actively engaging at the goldmine and be rewarded for it by investors. These are motivated by clear rationales.
We need to mine for the limited amount of gold so we can be wealthy, have higher purchasing power over other people and to get our hands on limited resources... wait, what problem are we trying to solve again? Isn't the problem with limited food, shelter and basic necessities?
This approach is obviously simplistic and loosely-speaking. In practice the network effect would be precedent where I would favor investing in individuals I'm acquainted with, who possess a track record of experiences and competence in generating wealth.
So the point is, there is nothing wrong with actively engaging at the goldmine and be rewarded for it by investors. These are motivated by clear rationales.