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The airplane blowout came from our rotten Big Tech economy
- quantified 3y agoSomewhat rambling. Pursuit of profit over goodness: see private equity raiding the assets and goodwill of companies. Military-industrial complex is just as apt here, warned of long ago.
- jqpabc123 3y agoSo greed isn't always good.
- FrankWilhoit 3y agoThere is no such thing as growth. There is only reallocation. The diameter of the Earth is not increasing, and as population increases, friction increases with an exponent larger (even if only very slightly) than 1, so the overall global economy is definitionally negative-sum. Reallocation can look sustainable, until it doesn't.