Capitalism not based on math logic-try exploitation and sacrosanct private property

The sophistry of Raghuram Rajan   " This is one smart guy. He has an electrical engineering degree and understands that math works when the numbers add up and risky funny money concepts can sometime deliver amazing results but they contain enormous risk which can bring everything down like a house of cards. We need more engineer types in the financial sector. Economics based on solid math instead of voodoo economics."

Raghuram Rajan-put LOGIC in banking ?

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  The capitalist banking system is not based on the "logic " of higher mathematics. It is based on the logic of the profit system -which is profoundly irrational from the perspective of the real needs of humanity.
  The capitalist system is based on sacrosanct private property. It is more of a secular religion ( as with Ayn Rand ) than a scientific economic order. The dinosaurs also ruled the world for a long while- then disappeared. They were not " too big to fail ".
  " Everything that exists is worthy of perishing " ( Heraclitus )