Along the line of relevant analyses, there was an insightful post by Brad DeLong recently: http://www.bradford-delong.com/2016/12/is-the-problem-one-of-insuffic

Along the line of relevant analyses, there was an insightful post by Brad DeLong recently: http://www.bradford-delong.com/2016/12/is-the-problem-one-of-insufficient-market-wages-inadequate-social-insurance-polanyian-disruption-of-patterns-of-life-.html http://www.bradford-delong.com/2016/12/is-the-problem-one-of... Apart from the clunky title, the bottom line is this: Most people don't want to be taken advantage of, but they also don't want to feel like they are taking advantage of others. This is a useful heuristic for living in small social groups. But most of the value that is being produced today is not really down to individual contributions, but results from our collective inheritance of technology and productive networks in society. This completely messes up the built-in heuristics of humans. It's basically a different angle from which to view what you wrote and sama is stated as saying in the article.