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"For example, instead of attacking economic inequality, we should attack poverty." This is such an anemic statement in the face of the reality of corporate fra
by bootload 11y ago
"For example, instead of attacking economic inequality, we should attack poverty."
This is such an anemic statement in the face of the reality of corporate fraud such as, "HSBC escapes action by City regulator following Swiss tax scandal" [0]
The biggest fault in the essay, in my view is not acknowledging and exploring the externalities in economics described. While the big end of town scams its way to profit, what hope has an individual?
Creating tech startups is one way to profit from this imbalance.
[0] http://www.theguardian.com/business/2016/jan/04/hsbc-escapes-regulatory-action-swiss-tax-scandal http://www.theguardian.com/business/2016/jan/04/hsbc-escapes...