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> What's to be done? I really ask: What's to be done about it? There's a document that gets posted every so often here called The Return Rate on Everything. In
by BJones12 1y ago
> What's to be done? I really ask: What's to be done about it?
There's a document that gets posted every so often here called The Return Rate on Everything. In it, it says that the returns on capital outweigh economic growth, meaning capital gets more concentrated, at all times except during war.
So the answer to your question would seem to be 'war'.
- neom 1y agoYou weren't kidding: https://hn.algolia.com/?q=The+Return+Rate+on+Everything https://hn.algolia.com/?q=The+Return+Rate+on+Everything I'd not seen it, thank you kindly for sharing. :)
- ahmeneeroe-v2 1y agoWow, how have I missed this. Intuitively makes sense since capital still can't fight wars, so "labor" commands a premium.
- roughly 1y ago> So the answer to your question would seem to be 'war'. As the saying goes, it’s easier to imagine the end of the world than the end of capitalism.