4 ms·

That's not all that matters, although it is important. Excessive concentration of wealth has destructive consequences.

by surgical_fire 1y ago

pj_mukh 1y ago
"destructive consequences." In the context of just Silicon Valley, what are they?
- deleted 1y ago
  [deleted]
- surgical_fire 1y ago
  Did you just come out of a coma? The destructive and unchecked accumulation of wealth in SV is what allowed the creation of monstrosities such as the gig economy and massive surveillance. At the present moment in time it even allowed some tech oligarchs to directly influence elections in their favor, gaining access direct access to the high levels of government to have nugde government actions inntheir favor, curb regulatory interference that might put checks in their companies, etc. I am presuming younasked from a position of ignorance rather than finding all this desirable somehow.
  - pj_mukh 1y ago
    When I said "in the context of Silicon Valley", I meant the geographical region not "what are the bad things tech has done". Most SV politicos that drive living conditions in the valley don't take PAC money and aren't affected by Billionaires. There's a housing shortage and a cost of living crisis anyway (example: no matter how much you pay gig economy workers, they are not going to afford a home in the valley). The issues you mentioned are because of Citizens United - a federal issue w/ consequences all over the country (not just SV).
billy99k 1y ago
So the answer is to concentrate the wealth from these few to the governemnt?
- bigbadfeline 1y ago
  A distinction without a difference. You don't seem to understand that moving something from point A to point A changes nothing.
- surgical_fire 1y ago
  The answer is to redistribute the excessive wealth to the population, be it theough improvements in public infrastructure, be it through providing better and cheaper access to things such as healthcare and education, be it through more direct direct means (e.g.: welfare). Yes, this is done through the government. While the government as an institution should be scrutinized and not necessarily get blind faith, it at least has the pretense of looking after the needs of the population.

That's not all that matters, although it is important. Excessive concentration of wealth has destructive consequences.

pj_mukh 1y ago

"destructive consequences." In the context of just Silicon Valley, what are they?

deleted 1y ago
[deleted]
surgical_fire 1y ago
Did you just come out of a coma? The destructive and unchecked accumulation of wealth in SV is what allowed the creation of monstrosities such as the gig economy and massive surveillance. At the present moment in time it even allowed some tech oligarchs to directly influence elections in their favor, gaining access direct access to the high levels of government to have nugde government actions inntheir favor, curb regulatory interference that might put checks in their companies, etc. I am presuming younasked from a position of ignorance rather than finding all this desirable somehow.
- pj_mukh 1y ago
  When I said "in the context of Silicon Valley", I meant the geographical region not "what are the bad things tech has done". Most SV politicos that drive living conditions in the valley don't take PAC money and aren't affected by Billionaires. There's a housing shortage and a cost of living crisis anyway (example: no matter how much you pay gig economy workers, they are not going to afford a home in the valley). The issues you mentioned are because of Citizens United - a federal issue w/ consequences all over the country (not just SV).

billy99k 1y ago

So the answer is to concentrate the wealth from these few to the governemnt?

bigbadfeline 1y ago
A distinction without a difference. You don't seem to understand that moving something from point A to point A changes nothing.
surgical_fire 1y ago
The answer is to redistribute the excessive wealth to the population, be it theough improvements in public infrastructure, be it through providing better and cheaper access to things such as healthcare and education, be it through more direct direct means (e.g.: welfare). Yes, this is done through the government. While the government as an institution should be scrutinized and not necessarily get blind faith, it at least has the pretense of looking after the needs of the population.