This is an absolutely stunning thing to see written out so clearly: 

"From 1989 to 2017, the real per capita value of corporate equity increased at a 7.2% annual rate. We estimate that 40% of this increase was attributable to a reallocation of rewards to shareholders in a decelerating economy, primarily at the expense of labor compensation."

https://www.journals.uchicago.edu/doi/abs/10.1086/734089

I can’t stop thinking about this. It’s truly insane we are so… what? Fat? Complacent? Stupid? Something? 

that it is plainly stated to us all the time — they take from you, to enrich themselves — and everyone just shrugs

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

CEO - Media3 Labs | Join us at /scoop3, an onchain podcast player | Host of The Blockchain Experience podcast /theblockexp | Ex-Samsung | Ex-Hewlett-Packard

This is value extraction not value creation and opposing this does not mean opposing capitalism, imo

I pointed out to some of my RL friends that Musk + Zuck + Bezos alone have more wealth than the bottom half of Americans (170m people) combined.

They all cheered.

I've generally been a capitalist my whole life, but man... if we're being totally candid, as resilient we think we are...if you study history, you can start to see some tea leaves, and it's not good.

it's almost like you fix the money you fix the world

incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

Kenny I know you drool reflexively at the thought of being a bitcoin oligarch but bosses not paying workers has nothing to do with this

I’m not opposed to being led by a corrupt psycho who dynamites his way through any obstacle in his path — as long as I get stuff too 

See: Huey Long 

https://en.m.wikipedia.org/wiki/Huey_Long

We need our Huey Long https://warpcast.com/keccers.eth/0x42d5cec7

Barring that - violence

What is there to do when those with all the power use their power to become increasingly powerful?

I make rockets IRL.
I reserve the right to shamelessly recast for degen reasons. 
Soldier once upon a time.

I am there if I am being honest. I realized, especially carrying cancer risk, if I get the dang thing it’s basically do I want a little med bankruptcy or a big one. So why am I striving for anyone or anything but me?

I’m curious where the tipping point is. When the safety net is slashed to the point that most perceive no value in supporting the economic system, “interesting times” follow. 😬

This has been the norm for the last 40 years:

I’m not debating that — but at what point is the squeeze too tight?

This has been the norm for the last 40 years:

https://en.wikipedia.org/wiki/Friedman_doctrine

Author. Artist. Quinquagenarian. 

https://linktr.ee/nfterrybain

We are brainwashed to think that shareholders and MBA dimwits deserve it.