We're working to pay off all the government enabled rent seekers, starting with land rent, sales of natural resources, intellectual property, government licensed occupations and industries, and finally, government workers themselves. And then we're working under regulatory regimes that cripple productive capacity and destroy wealth.
So yes, people are a lot more productive, but there is little of the wealth they produce left for them after the rent seekers have taken their cut and the bureaucracy has finished flushing most of the leftovers down the toilet.
Are you claiming that corporations like Microsoft don't have huge rent-seeking elements that have little to do with "government" regulation? Or that those rent-seeking elements (i.e. elements that optimize away the production of utility for society in lieu of utility for themselves) don't include top executives, huge PR/advertising departments and such?
If e.g. a global supermarket chain reached an agreement with its several "competitors" (and I use the word loosely) to "set industry standards of team-building" (use a unified s...
The last thread didn't fare too badly, I think; let's make it a monthly tradition. (Me, I'm more interested in thinking about real-world policies or philosophies, actual and possible, rather than AI design or physics, and I suspect that many fine, non-mind-killed folks reading LW also are - but might be ashamed to admit it!)
Quoth OrphanWilde:
Let's try to stick to those rules - and maybe make some more if sorely needed.
Oh, and I think that the "Personal is Political" stuff like gender relations, etc also belongs here.