Moore's Law for Everything

Zooming out, this is where capitalists and socialists should finally find common ground. In this new world, everyone becomes an investor. We go from thousands of people with financial upside in companies, to millions. We go from 1% capital to 99% capital. On any given platform, labor becomes capital. The ethos of a co-op merged with the efficiency ... See more

As it happens,

this was a central claim of Marxism, that the owners of the means of production – the bourgeoisie – would inevitably steal all societal wealth from the people who do the actual work – the proletariat. This is another fallacy that simply will not die no matter how often it’s disproved by reality. But let’s drive a stake through its hea... See more

However, this creates less wealth overall as work is no longer given to where it’s done most efficiently. This breaks the primary component of capitalism. The second solution is some sort of socialism, where the government introduces new laws and systems to redirect money to attempt to balance the system manually. This will help, but creates less w... See more

“As the philosopher Michael Sandel has argued, in recent decades, subtly but relentlessly, we have been moving from a market economy to a market society. Increasingly, to be valued, an asset or activity has to be in a market. For example, Amazon is one of the world’s most valuable companies, yet the Amazon region appears on no ledger until it is st... See more

A new business model for building a city: Instead of owning specific pieces of land, you own equity in the entire city. This way, you have equity alignment with everyone else in the city.

Obviously, we need to make sure that people are well-compensated for their labor, that they’re able to put food on the table, a roof over their heads, an education in their brains, and that they can pay their medical bills without fear of bankruptcy.But a person’s labor can’t grow exponentially, it can’t possibly keep up with exponential growth, so... See more