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samolang | 8 years ago

> The current way of doing things

Is there a realistic alternative? Sure, universal basic income eventually, but that's not practical at the moment.

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eni|8 years ago

Is there a realistic alternative?

I read a lot on entrepreneurship during 19th century and early 20th century US. My limited understanding: in those days entrepreneurs came from much wider range of demographics. In other words, entry barriers were much less during those days.

samolang|8 years ago

I mean many people start bodegas, restaurants, etc. I imagine that's more akin to 19th century entrepreneurship and still is by far the most prevalent form of entrepreneurship today (only like 1.3% of businesses are created in the Bay area and 1.1% of the population lives there).