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>"But economic inequality per se is not bad." Nope, it's not bad until you need to buy something! (BTW is this PG post not some strange form of denial?) PG s
by giardini 11y ago
>"But economic inequality per se is not bad."
Nope, it's not bad until you need to buy something!
(BTW is this PG post not some strange form of denial?)
PG seems to forget about the infrastructure (bankers, financiers, venture capitalist firms, etc. - the entire financial industry) built around startups, as if the entrepreneur were a Jesus figure responsible for it all and who might somehow be crucified for it all. Psychologists call this a "grandiose delusion". Nonetheless it is glorious hogwash - an entrepreneur w/o the infrastructure is merely yet another nutball to be kicked off the front doorstep of venture capitalists. And as the dotcom boom and bust showed us, no entrepreneur is necessary at all - greed and a placard with a catchy ".com" on a door was often enough to make a fortune!
Good news: PG need not be concerned that he will be run to ground ("hunted", in his terms) before his bankers are; there are far more (and far wealthier) bankers, profiteers, and their employees than successful entrepreneurs, certainly enough to keep the masses busy for a decade should the French Revolution visit Silicon Valley!
>"The great concentrations of wealth I see around me in Silicon Valley don't seem to be destroying democracy."
They are: they work for the NSA, the CIA, the FBI, for hundreds of government agencies, for Google and Facebook. They have blindly destroyed privacy in both in our personal and social behavior. They want more. One need only open one's eyes.