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It's a big story that is being replicated all across the economy. There are many parts to it, and many different aspects. So, you should be seeing a number of s
by olefoo 12y ago
It's a big story that is being replicated all across the economy. There are many parts to it, and many different aspects. So, you should be seeing a number of stories with some overlap.
This is a story about income inequality, and the forced assumption of liability by the weaker parties to an employment contract. It's also about the abject failure of regulators in the face of politically connected companies. It's about tilted playing fields where startups that work within the existing system fail; and startups that act like robber barons succeed.
It's about the psychopathic cult of "success" that says that making more money is always a supreme good; no matter the economic externalities you create for the rest of us.
We're on a path to becoming a third-world planet where the rich live lives of robot-pampered luxury and everyone else starves in favelas trying desperately to make a living by bartering on craigslist with their smartphones.
Oh, and do you think you're good enough and psychopathic enough to be living in a mansion in Atherton? The odds are against you. And that type of self-delusion is part of the story too.