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Anytime humans create systems that allow a group of individuals to orchestrate a higher energy output of productive activity, it’s an uplifting story because it
by mensetmanusman 1y ago
Anytime humans create systems that allow a group of individuals to orchestrate a higher energy output of productive activity, it’s an uplifting story because it’s literally how wealth is generated for society.
- walls 1y agoUnless all of that new wealth is captured and horded by a handful of people.
- mensetmanusman 1y agoThis rarely happens 100%, as you see in the article the employees make more when they enable higher energy efficiency.
- themafia 1y agoThe corollary is that it rarely happens that 100% of the earned gains goes to those who actually earned them. If there was actual competition for their labor then that would change.
- Nifty3929 1y agoDon't confuse wealth with money - they are opposites, or maybe two sides of a coin. Wealth is the stuff - in this case pens. Money is what you get in exchange. Society gets more pens with less human effort required - that's a win, and has nothing to do with money. Money (increased profits, share price, etc) is what happens when you create the more stuff with less effort that society gets. Money is how we keep track of how much net wealth (stuff) someone or some company has created for society.