5 ms·
> Enormous amounts of money have accrued to a tiny proportion of humanity in the past 30 or so years. 30 or so? So Reagan and Bush I somehow get a pass? It's l
by pessimizer 1y ago
> Enormous amounts of money have accrued to a tiny proportion of humanity in the past 30 or so years.
30 or so? So Reagan and Bush I somehow get a pass? It's literally still the same people and their stupid children.
- rchaud 1y agoReaganism set the wheels in motion but those wheels didn't actually come off until events like the dotcom boom normalized billion dollar valuations for half baked MVPs, creating a generation of future nutters like Thiel, Bezos, Zuck and Musk. Things accelerated even further with zero interest rate policy post-2008, making capital free for this "job creator" class while working people were charged "market rates" for home and education loans.