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

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.

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

Yeah, Carnegie, Buffett and Gates figured it out — had to buy back into public graces

Musk is going the other direction