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Fascinating how the comments here are mostly critical. I think the tone would have been different if we were having this conversation when HN first started. Are
by Jimmy 11y ago
Fascinating how the comments here are mostly critical. I think the tone would have been different if we were having this conversation when HN first started. Are we in the beginning of a wider, general cultural shift away from capitalist thinking?
- joelrunyon 11y agoI'm amazed at this thinking too - especially in this crowd - that doesn't see this happening as another iteration of a natural power law. Sure, it's to an Nth degree, but that's to be expected in those distributions. I would bet that you'd see the same distribution even within the ultra-wealthy (Gates & Buffet probably make up the majority of the wealth). You also see it at the other end of the spectrum (US citizens are 1000x magnitudes more wealthy than the bottom 2 Billion).
- throwaway12309 11y agoMost likely, when HN started, you had the YC groups and a few others. This meant Ivy League educated ($$$$) or related to VC/Investors ($$$$). Now you hear comments from plumbers, doctors, fast food employees so you get more perspective from the other side