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Economics. A problem that has come with increased inequality is that the allocation of capital has gotten further and further disconnected from people (the huma
by dv_dt 9y ago
Economics. A problem that has come with increased inequality is that the allocation of capital has gotten further and further disconnected from people (the human capital) who have a more direct link to knowing or exploring ways of developing fundamental value generation. I suspect we are seeing this in metrics like decreasing productivity, decreasing new business generation - it seems like financial capital isn't mixing with human capital nearly as efficiently as we might hope. Is there a way to relink the two through an new or modified economic channel that dramatically facilitates this; and maybe even helps rebalance inequality by making invested human capital more consistently yield hands off dividends like invested financial capital.
- uoaei 9y agoPut ownership of productive goods and services in the hands of those who are actually creating those goods/performing those services. This would empower each person to push the investment of capital to what matters most to them--namely, themselves. When the consensus is formed, a lot more money will be devoted to maximizing human capital and a lot less toward the overhead (massive paychecks for a few, crazy cycles of bureaucracy) that are the hallmarks of today's economic goings-on.