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_Algernon_ | 5 months ago
This is a run-away positive feedback loop which is kept in check by regular revolt and redistribution of wealth (see eg. the labor movement).
_Algernon_ | 5 months ago
This is a run-away positive feedback loop which is kept in check by regular revolt and redistribution of wealth (see eg. the labor movement).
abdullahkhalids|5 months ago
Another example of the latter, is that large companies should always be majority owned by their employees in a 1/N fashion. The idea being that even if such players try to rent-seek, at least the rent is being extracted in favor of normal people rather than a small class of rich people.