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Does anyone have any opinion on this: "We live in a society increasingly defined by winner-takes-all competition." I see this sentence cropping up more and mo
by wtvanhest 13y ago
Does anyone have any opinion on this:
"We live in a society increasingly defined by winner-takes-all competition."
I see this sentence cropping up more and more. I do not see a true structural change in society or business. I definitely see more opportunities for winner-take-all business, but only in terms of rapid scale, not long term sustainable positions of true market dominance.
- VLM 13y ago"I do not see a true structural change in society or business." You need more data. Look at graphs of wealth and income distribution by percentile quartile whatever-ile, especially over last couple decades. Then re-analyze the trend of "winner takes all".
- wtvanhest 13y agoI think you have a good point, but I don't see any changing quartile analysis or percentile analysis of income distribution. I did find this: http://www.aei-ideas.org/2013/07/yes-the-middle-class-has-been-disappearing-but-they-havent-fallen-into-the-lower-class-theyve-risen-into-the-upper-class/ http://www.aei-ideas.org/2013/07/yes-the-middle-class-has-be... but it seems to fail to account for the fact that overtime, more and more households have become two working person households. IDK, I just haven't seen a clear and compelling analysis that says that we are heading toward winner takes all.
- lgieron 13y agoIt's less pertinent to business than to society as a whole - meaning, nowadays, the dichotomy that you're either a highly paid expert or condemned to shitty jobs is more and more prevalent.