cariss

4 ms·

1. 1.▲
   by cariss 12y ago

   To the quote above: wages are determined by productivity, not negotiation leverage. The moral implications of "barely scraping by" don't factor in.
2. 2.▲
   by cariss 12y ago

   He isn't backed by the coercive power of the state, for one thing.
3. 3.▲
   by cariss 12y ago

   Anti-market bias seems to be the unifying constant.
4. 4.▲
   by cariss 12y ago

   Yep. Its passing attempt at economic analysis seems to omit the government's fingerprints all over the latest recession.
5. 5.▲
   by cariss 12y ago

   Technological innovation is driven by consumer demand to a much greater extent than the "decisions and whims" of billionaire VCs. If only it were that simple, r>g might actually be true. This is crap.