3 ms·
The problem is the money firehose. Getting rich steadily is fine. Getting rich quickly because of outside factors is what provides perverse incentives, room f
by throwaway0a5e 6y ago
The problem is the money firehose. Getting rich steadily is fine. Getting rich quickly because of outside factors is what provides perverse incentives, room for bad things to hide and screws everything up.
Using fat paychecks to lay waste to small towns is one of the few things tech yuppie and oil pipeline workers have in common.
Best (i.e. least worst) case scenario you end up as a rich people playground like Tahoe or Cape Cod where everyone without a conscience runs a business skimming easy money off the wealthy (or becomes a plumber and does it with an extra abstraction), everyone with ambition leaves and everyone else winds up with a substance abuse problem. Worst case the money leaves for good and you wind up like coal country.
- ptudan 6y agoI'm confused, how is owning a bar or cafe in a hot spot an immoral activity?
- rrrrrrrrrrrryan 6y agoI think we've all seen a charming local dive bars with cheap, strong drinks get bought out, and turned into a soulless clean well-lit place that overcharges for gimmicky cocktails. I don't personally think it's immoral at all: things change, and I'll always respect the entrepreneurial spirit. But I do view the situation with some sadness, and I can understand why a long-time local might view it as wrong.