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> less disciplined pricing of risk

I think it’s up to every participant’s discipline and that’s fair enough. If one sets prices in too much, another local farmer will sell more. If another local farmer undercuts on price, they’ll suffer more when times are tough and weather is bad.

> more capital scarcity

If there is a lot of capital knowingly feeding ethically problematic and/or incompetent companies due to an expectation of return (and then ensuring that return by promoting those companies), then less capital is absolutely better.

Regarding the rest of your comment, I’m not as advanced in this subject, so to me you seem to only list more issues with the system as is.



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