I wouldn't say it's inaccurate - if say SV guy makes a million, there is less inequality if the Midwest guy makes 100k as opposed to 30k

If the ship was functioning correctly, more of that million would also be flowing to capital investments instead of speculatory asshattery and pyramidish venture vultures.

I agree that we are in a very very bad spot regarding inequality, and we certainly aren't on a sustainable path. My point is simply that we must think beyond playing whack-a-mole and think systemically, which includes but is not limited to things like how capital is actually flowing (or not) through banks and other lenders. And maybe the mallet is needed to some extent.

I certainly wouldn't be adverse to busting up AT&T again, nor a bevy of other would-be monopolists. AI is another major worry that we aren't socially equipped to deal with.


For who could be free when every other man's humour might domineer over him? - John Locke (2nd Treatise, sect 57)