2 ms·
Is there really, though? If I can't do X, then I can't do X: whether that's from an oppressive government or my own lack of wealth as the result of a rigged eco
by Analemma_ 9y ago
Is there really, though? If I can't do X, then I can't do X: whether that's from an oppressive government or my own lack of wealth as the result of a rigged economic system is a distinction without a difference.
- thinkloop 9y agoFrom what I see labour has become less valuable now than previously, and capital (land, resources, robots, AI, etc.) has become more valuable and therefore more highly rewarded. Whereas previously you needed thousands of workers to produce something, now you can create enormous wealth with much fewer. Craigslist at one point was making hundreds of millions of dollars with just 19 employees (they had the record for revenue per employee at one point). What's a specific example of the rigged'ness?