Mike | Abundance 🌟
@abundance
The system is broken. Few understand why. Almost no one knows what to do about it. My mission is to change that
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Bernie is proposing an idea that Bill Gates had too: let's tax robots!
Unfortunately it's not a long-term solution
What happens when the robots produce everything offshore?
More importantly, the more corporations rely on robots, the more profitable they become, and w that comes concentration of wealth and power
Un...
Bernie Sanders
@BernieSanders
4h
Why would corporations like Amazon replace workers with robots? Pretty simple.
Robots don’t need a wage, health care, time off, sick leave, Social Security, Medicare or unemployment benefits.
Maybe it’s time to tax robots & use the revenue generated to help working families.
There is no exchange value in the market for creating abundant things ("art"). Only for creating scarce, or artificially scarce, things.
Renaming scarce things as abundant doesn't solve this problem, so you still need to choose between creating actually abundant things or rent
A better alternative is to build an econ...
Anders K.
@Falliblemusings
10d
You don’t need to choose. You can take the path of Einstein, who used a 'tedious' job to fund the stability his genius required. Or you can follow the martyrs, Van Gogh, Dostoevsky, and Diogenes, and accept the price of not paying your rent.
Or, you can respect and recognize the
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"Abundance for all" sounds amazing, but you can't get there with an economics that only works on scarcity - it leads to economic collapse
If you don't believe me, try to work out how this would work yourself. You can't.
That's exactly why I wrote The Abundance Economy..
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We should not have to choose between doing meaningful work that's valuable to society, and having a financially rewarding job.
The fact that the vast majority of people have to choose one or the other shows that our system is broken.
That was one of my motivations to quit my job and focus on building a paradigm where...
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Capitalism and socialism are both broken and cannot deal with 21st century challenges.
Here's how we build a better system:
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We can now finally settle the 200-year “debate” between capitalism and socialism — should the common interest be subordinate to self-interest, or the other way around?
The answer is that both sides were wrong.
Either approach leads to a mode of failure: concentration of wealth (under capitalism), or concentration of ...
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I just nominated @jacopo.eth's cast for its impact on Farcaster
Help build the user-centric algo with /impact
some thoughts on this:
- the best projects are driven by a bold, inspiring vision that unites their community. sadly, I struggle to find anything to be excited about here. since shifting focus to trading, it feels like farcaster has lost that narrative.
- early users stuck around and went to great lengths to grow the n
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Free speech is meaningless if we don't know how social media algos control (suppress?) "distribution of speech"
We need algorithmic transparency
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