Yallah yallah! Your ability to deny reality is amazing!
We do not need to further incentivize working in finance. Finance has already eaten most of the rest of the economy. This is shown by the fact that from roughly the 1980s onwards, FIRE sector has grown immensely, not only in total profits/revenues but as a share of all profits in the United States.
If finance is supposed to make its living by enabling other sectors to grow, then finance should not be outgrowing the other economic sectors. It should remain as a roughly steady proportion of total profits and grow with the economy.
Instead, finance, real-estate and insurance have grown at the expense of the rest of the economy and the rest of society. That's not doing their stated job, that's parasitizing everyone else.
We do not need to further incentivize working in finance. Finance has already eaten most of the rest of the economy. This is shown by the fact that from roughly the 1980s onwards, FIRE sector has grown immensely, not only in total profits/revenues but as a share of all profits in the United States.
If finance is supposed to make its living by enabling other sectors to grow, then finance should not be outgrowing the other economic sectors. It should remain as a roughly steady proportion of total profits and grow with the economy.
Instead, finance, real-estate and insurance have grown at the expense of the rest of the economy and the rest of society. That's not doing their stated job, that's parasitizing everyone else.