I’m a big fan of Switzerlands direct democracy approach, but I agree modern representative democracies tend toward crony, government funded, capitalism. No such thing as too big to fail.
Also agree government are bad capital allocators. Unfortunately, because of 50 years of worsening crony capitalism and elite overproduction (https://en.m.wikipedia.org/wiki/Elite_overproduction) I’m not sure wages are a good proxy for societal value. Consider the value of your McKinsey hack vs a lot of engineers in Australia. Former overpaid. Latter def underpaid relative to value they could provide.
squarecuts / Square cuts
npub1x8…htpjd
2024-12-23 04:05:57
in reply to nevent1q…8ajm
Author Public Key
npub1x836fhs87n843zrq8cdp2c6gqealvrsg6mmtt7sl5euzntsmyzwsahtpjdPublished at
2024-12-23 04:05:57Event JSON
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