3 ms·
> Memetically people are still pissed off about the change centuries later. Because specialization gave up autonomy, with zero corresponding accountability in
by yourapostasy 4y ago
> Memetically people are still pissed off about the change centuries later.
Because specialization gave up autonomy, with zero corresponding accountability in return, so capital holders got most of the upside with none of the downside once positioned as too big to fail, and dependent stakeholders got short-term time resource benefits while their grandchildren onwards got exposed to oligopolistic pricing power, and externalities like fragile supply chain ramifications pushed upon them. Snarking like this in shallow analyses is exactly what Soros warned about with reflexivity.