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What does it say that HN is becoming increasingly aware of these issues? For that matter, a hell of a lot of startups are predicated on the existence of a larg
by fiatmoney 13y ago
What does it say that HN is becoming increasingly aware of these issues?
For that matter, a hell of a lot of startups are predicated on the existence of a large middle class as a mass consumer market.
- tesseractive 13y agoIndeed. And middle-class consumer demand not only drives significant parts of the economy directly, it has major spin-off effects that impact the health as the economy as a whole and the potential healthy growth rate of the economy. For anyone who depends on a healthy, growing economy for their livelihood and/or wealth, there's a pretty good case to be made that it is in your enlightened self-interest to do anything within reason to promote a large, prosperous middle class with the surplus purchasing power to drive future economic growth.
- a3n 13y agoThis should be on every CEO's wall when he wakes up in the morning.
- tsotha 13y ago>What does it say that HN is becoming increasingly aware of these issues? All it says is HN is more of a general social media site instead of one with a laser focus on startups.
- eli_gottlieb 13y ago>For that matter, a hell of a lot of startups are predicated on the existence of a large middle class as a mass consumer market. And an economy dominated by the Finance, Insurance and Real-Estate sector can't support the mass consumer market start-ups need.
- rayiner 13y agoAstute.