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> what kind of an economy do you want to produce with your decisions? How far do you want to push the division of labour between (elite) educated high earners a
by HenryKissinger 5y ago
> what kind of an economy do you want to produce with your decisions? How far do you want to push the division of labour between (elite) educated high earners and people providing menial services for this class?
Investors don't ponder philosophical questions about the nature and long term societal implications of their decisions (well, most of them). They chase yield/roi/yoy. VC's aren't immoral. It just happens that some of the economic activities that optimize yield happen to be the so called 'gigs' that the author derides as "the servant economy".