There's a double-whammy here of the Myth of Meritocracy [1] under capitalism and Prosperity Gospel [2] under Protestantism. After the Civil War we compensated

There's a double-whammy here of the Myth of Meritocracy [1] under capitalism and Prosperity Gospel [2] under Protestantism. After the Civil War we compensated slave owners. After the GFC we bailed out the banks. The government giving money to poor people is somehow a moral hazard yet the wealthy not only expect government handouts, they demand them. Many in tech don't seem to realize that after 2 centuries of automation coming for only blue-collar jobs, AI will finally come for theirs. Jobs losses, depressed wages, unpaid extra work and constant layoff churn. The heady heights of the 2010s will seem like a fairy tale. Except this time, unlike a century ago, there is no labor movement. It's been decimated. There is no effective pushback against further wealth concentration to like 100,000 people. The Jeff Bezoes of the world will demand even more government money so they can have $205 billion instead of $200 billion and things will get really bad until eventually we have a Russian or french type revolution. Too many people think it's a big club when it isn't. As George Carlin said, you're not in it [3]. People actively advocate for their own worsening material conditions because they're deluded into thinking they'll be Jeff Bezos one day. [1]: https://en.wikipedia.org/wiki/Myth_of_meritocracy https://en.wikipedia.org/wiki/Myth_of_meritocracy [2]: https://en.wikipedia.org/wiki/Prosperity_theology https://en.wikipedia.org/wiki/Prosperity_theology [3]: https://www.youtube.com/watch?v=Nyvxt1svxso https://www.youtube.com/watch?v=Nyvxt1svxso