2 ms·
> I'd rather be poor in a better world than rich in a dystopia. The problem is that we all end up being poor in a dystopia. The regulatory capture of industri
by varispeed 5y ago
> I'd rather be poor in a better world than rich in a dystopia.
The problem is that we all end up being poor in a dystopia. The regulatory capture of industries is an ongoing thing. When 20 years ago you could start your own business in your garage, without substantial capital, today you are dependent on "Angel investors" and bank loans, which is an equivalent of having to be referred into a "club". If you can't find an investor, it will take you a lifetime to save money to start a business, if you are lucky. Take notice that all taxation is being shifted to workers to limit their chances of raising capital and creating competition.