3 ms·
>There is something extremely wrong with the rate of innovation, productivity growth, the division of labor and capital, and the distribution of profits between
by naravara 7y ago
>There is something extremely wrong with the rate of innovation, productivity growth, the division of labor and capital, and the distribution of profits between labor and capital in developed countries today, and it's unsustainable.
The problem is the "innovation" is geared towards figuring out clever ways around constraints rather than creating or producing anything new. Sometimes those constraints are operational or logistical and circumventing them creates benefits. other times they're legal or regulatory and there for a reason and when you circumvent them you just end up screwing over the public.