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It is easy for some of us to remember what it was like 40 years ago when SF rose to become the US center of non-capitalism at the time. The Grateful Dead were
by fuzzfactor 9y ago
It is easy for some of us to remember what it was like 40 years ago 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 signed 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 dollars each to numerous individuals who without a doubt were truly in need of the funds.
A thousand dollars 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 twelve hundred dollars to give away each thousand, and the program ended up grinding to a halt.