Related Posts
Conversation Starter
What are your best vs worst dating stories
Enthusiast
Cuz it’s $$$
Additional Posts in Politics
Chief
Someone had his fee-fees hurt 👶 🍼 🍼
Enthusiast
Name the decade that you wish were born in
Conversation Starter
The bird is freed
Bots in this bowl getting real lazy
Enthusiast
“In addiction recovery, one of the first steps is admitting that there is a problem." America is addicted to cheap illegal immigrant labor
https://www.washingtonpost.com/outlook/2019/01/09/how-americans-became-addicted-undocumented-immigration/?fbclid=IwAR3uNvIHVQVfSTKTebZl2TDsaPqTnogsCfQMhSec_6FxceHo4TNowm__YRw&noredirect=on&utm_term=.176c77d72c03
Rising Star
Where is the lie
Visual Storyteller
Boat parade world record today!
Enthusiast
He needs to fire his acting coach. Lmao
Rising Star
Cool cool this is all normal.
Chief
Chief
Pro
Visual Storyteller
New to Fishbowl?
unlock all discussions on Fishbowl.
https://en.m.wikipedia.org/wiki/List_of_Swedish_entrepreneurs
For example. Adjust per capita and it’s not too crazy. I assume your subtext is that we should live in a low tax society or something? The Nordic mod is a bad comparison, but you’ve got to remember also that most of the extraordinary growth of the US actually happened before the current laissez-faire post Bork/Reagan changes of the early 80s.
EY1, spot on! I agree that the q of how we tailor this to US society in terms of finding the sweet spirit is a fascinating one and sadly overlooked by this thread. I’d lazily say we need some but not all of what certain European states have. I’d also prefer to create more progressive structures for a lot of this stuff that retains more of a risk reward mindset, but focused on leveling playing feel and resourcing, especially early on.
Op. Read up a little more on the data fallacy you are falling for.
Pro
Facebook, Google, Amazon etc are not necessarily hubs of innovation. They are digital marketing shops or entertainment companies or enabler of transactions for most part. They are also loaded with a lot of money on paper because tech valuations are at an all time high. Government for good or for worse, still is responsible for funding bulk of innovation. Money is channeled through defense or academia or various national research agencies and some corporates. Google's Verily lifesciences has not done any breakthrough research. They have a few bio devices / products, facilitated testing for coronavirus etc but they are mostly focused on monetizing the vast amount of patient data they sit on without breaking HIPPA rules. They did not develop covid vaccine or any vaccine for that matter. Just an example. Even Tesla's success is partly funded through federal and state rebates.
In any case, the next big tech or medical breakthrough will not come from FAANG but from government funded agencies and institutions. If it comes from corporates, it will definitely be funded in a big part through government money.
Pro
You assume that a society that allows some people to have hundreds of billions of dollars and others nothing is a good society. I don’t necessarily agree. I certainly am not convinced that Amazon is a net positive for society as a whole.
Pro
I’m not a democrat or a liberal. I’m very conservative and until Trump came about I never voted for a Democrat on any level ever. People have been voting for decades for a Republican Party whose economic policies do not remotely favor the lower to middle class. They’ve done so for a variety of reasons (some of which people don’t admit out loud) but it’s difficult to argue that voting for a party that shamelessly favors the rich is in their economic interests. Which is usually why people resort to the type of response you provided. It’s not smug, arrogant or condescending to point out the obvious. If one party has policies that don’t favor your interests and you vote for them, you are objectively voting against your economic interests. The Dems may be smugly condescending but the republicans lie through their teeth by claiming to care about the lower to middle classes in any way.
I’ll stop being bothered by the existence of billionaires the day they institute a 100% estate tax for anything over 25 million.
Enthusiast
You thought you really had something here huh? Jeff Bezos didn't need that allocation of equity to achieve great things.