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Old 05-26-2021, 08:02 AM
Toehammer Toehammer is offline
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Originally Posted by zodium [You must be logged in to view images. Log in or Register.]
lol too bad, all the physicists that used to invent shit are making dollars developing high frequency trading algorithm for some bank now
This is a bigger problem than people realize, and it links back to China. First year in the Physics PhD program (top-10 R1 school), 10/15 were Chinese. 11/15 of us passed qualifying exams and got to finish the PhD, and I think 3/11 are on wall street, probably running some NS or BS equations to optimize some 3rd decimal place. The biggest problem in physics; too many of the bright theorists pursue string theory, although the siphoning of talented minds to wall street is a problem as well.

Although I find the normal communist nonsense tired and boring, one sane point the anti-capitalists make is that the majority of the financial services industry is just wasted energy (much like bitcoin mining). Of course, good capitalists make this same point. Wall street is principally middle men siphoning off money from people who produce something of value... can literally replace all advisors with broad market index funds and the world would be fine. The only knowledgeable people who say otherwise have skin in the game.

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Originally Posted by Gustoo [You must be logged in to view images. Log in or Register.]
And anyone creative got shut out of physics degree because of college math weed out process to only bring psychopaths into the fold (all sciences) so we they can work on population ending viruses and stuff with no moral qualms.
I understand what you are trying to say, but disagree. Creativity is the unifying trait amongst physicists. It takes substantial imagination to understand the way things are.

If a mathematically challenged student is not creative or tenacious enough to formulate good study habits to master calculus, they are not worthy of the keys to unlocking mother nature's gates of knowledge. The "weed out process" is the only thing between you and collapsed bridges. It should be embraced.
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Old 05-26-2021, 08:30 AM
zodium zodium is offline
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Quote:
Originally Posted by Toehammer [You must be logged in to view images. Log in or Register.]
Although I find the normal communist nonsense tired and boring, one sane point the anti-capitalists make is that the majority of the financial services industry is just wasted energy (much like bitcoin mining). Of course, good capitalists make this same point. Wall street is principally middle men siphoning off money from people who produce something of value... can literally replace all advisors with broad market index funds and the world would be fine. The only knowledgeable people who say otherwise have skin in the game.
Quote:
Originally Posted by V. Ilyich L.
The enormous dimensions of finance capital concentrated in a few hands and creating an extraordinarily dense and widespread network of relationships and connections which subordinates not only the small and medium, but also the very small capitalists and small masters, on the one hand, and the increasingly intense struggle waged against other national state groups of financiers for the division of the world and domination over other countries, on the other hand, cause the propertied classes to go over entirely to the side of imperialism. “General” enthusiasm over the prospects of imperialism, furious defence of it and painting it in the brightest colours—such are the signs of the times.
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