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Mike | Abundance 🌟
@abundance
whenever I hear people say that "markets are efficient" I want to ask them how efficient is it for the economy when potential Einsteins and Feynmans work as Uber drivers instead of spending that time moving humanity (& the economy) forward? The truth is that markets are only efficient when the product people make capture value (people make money in exchange for creating value for others). But most of the things that would have the greatest impact on people's lives cannot capture value within the economic structures we have today. So Einsteins and Feynmans work as Uber drivers, waiters, or hedge fund managers. And instead of making our lives 10X better they're stuck in a system that increasingly centralizes power and control within the hands of those who play the extraction game better. This doesn't mean that the situation is hopeless by any means. It just means that we need to stop being complacent about so called "economic efficiency" and start building better systems
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Danica Swanson
@danicaswanson
Preach! Love it when you write things like this. I spent all my braining energy on today's grant writing class so I'm too brain-dead to contribute thoughts at the level I'd like, but if nothing else I at least wanted to thank you for writing it.
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Mike | Abundance 🌟
@abundance
Always appreciate you Danica! :)
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