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It is easy for some of us to remember what it was like back in the '60's when SF rose to become the US center of non-capitalism at the time. The Grateful Dead
by fuzzfactor 9y ago
It is easy for some of us to remember what it was like back in the '60's when SF rose to become the US center of non-capitalism at the time.
The Grateful Dead were local musicians who gained more widespread popularity whether every one of them wanted it or not, especially once they got a record deal with a capitalist outfit that could advertise and promote in ways that the musicians could not or would not do on their own.
As the purported "leader" of the band, Jerry Garcia for one indicated that he was soon earning more income than he really needed, and having a strong balance toward benevolence over greed, set out to give $1000 each to numerous individuals who without a doubt were truly in need of the funds.
$1000 really would go a lot further then compared to a short 10 years later once the devastating devaluation of the US dollar was set into motion after it was unlinked to a universally appreciated natural resource (gold).
Anyway, turns out that before too long it was determined that it was costing $1200 to give away each $1000, and the program ended up grinding to a halt.