Capitalism

If everyone owns a slice of American value creation, everyone will want America to do better: collective equity in innovation and in the success of the country will align our incentives. The new social contract will be a floor for everyone in exchange for a ceiling for no one, and a shared belief that technology can and must deliver a virtuous... See more

Blue Cross and Blue Shield began as nonprofits that insured all comers. But as big profit-seeking insurers targeted younger and healthier people, the Blues were left to insure the older and less healthy, which made it impossible for them to continue. They turned to making money. Now, private equity runs hospitals, into the ground.

While serving a life sentence in jail, Kaczynski wrote a little-known sequel to his manifesto, entitled “Anti-Tech Revolution: Why and How”. In it he outlines his belief that all technologically advanced civilizations become trapped in fatal games before they learn to colonize space. This happens because industry is driven by competition, and

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As a society, we are so fully invested in capitalism, competition and algorithms that it’s almost impossible to pull ourselves out of the cycle to see a bigger pattern, which is that we have entire economies built upon our misery.

Capitalism should be optimized for inventiveness and not just efficiency