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You don't have to create and improve in a world you have little to no competition with high barrier to entry established. You can keep repackaging the same thin
by Frost1x 7y ago
You don't have to create and improve in a world you have little to no competition with high barrier to entry established. You can keep repackaging the same things without risk and work on perceptive value of people.
Why innovate and create when I can live like a king just playing our economic, governmental, and social systems like a fiddle? We're not quite that bad yet but we're already headed down the path in that direction.
- amiga_500 7y agoI know you aren't promoting it, but to answer your question: > Why innovate and create when I can live like a king just playing our economic, governmental, and social systems like a fiddle? Because the entire country is going to implode. 2008: financial crisis 2016: political crisis
- eli_gottlieb 7y ago2008: financial crisis 2016: political crisis 2020: deadly pandemic, inducing a financial crisis, while also collapsing the real economy, on top of four years of political crisis
- reroute1 7y agoPolitical crisis? Yeah I'll pass
- N1H1L 7y agoIn economics this is what is called rent-seeking behavior, and I think it probably is an exceptionally interesting area of research to study how financialization of industries modifies rent-seeking behavior in those industries. My own hunch is that it probably increases significantly.