The simpler the insight, the more valuable and powerful it is -- if correct. I think it does capture a key basic principle underlying current trends. In any ec

The simpler the insight, the more valuable and powerful it is -- if correct. I think it does capture a key basic principle underlying current trends. In any economic system, there is some total amount of "welfare" or value generated, and it gets split in some way. So maybe you have a constant value of $2,000 per month for having a place to live. 10 years ago your rent was $1,000 per month and so of the $2,000 worth of utility generated by you living there, you got half and your landlord got half. Now your rent is $1900 and you still would rather pay it than be homeless, and by many reasonable metrics the economy is better than ever, but your landlord is capturing almost all of the value in the system and you are reaching the breaking point. And I personally don't think it's too simplistic to be true that, as powerful companies optimize (including politically), this kind of transfer is occurring in a lot of sectors in the US this decade.