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by jarfil
2955 days ago
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Some people are getting huge amounts of money just because they can, and today's society, with the growing relevance of intellectual property, is geared more and more towards income inequality. It used to be that one could somewhat easily get $1M by just selling 1 million people some $1 items, however that required making 1M items in the first place. Nowadays one can get the same $1M by making just a single unit of IP, and selling 1M copies at $1 each. Sure there is no guaranteed way of knowing whether some IP will sell 1M copies, but that only turns it into a sort of lottery which exacerbates the inequality even more. Given that money -and particularly M2- is credit, which is kind of an "intellectual property" on itself, it isn't really surprising that a greater amount of IP in circulation would also mean a greater amount of credit/money. Workers who exchange their effort for a fixed amount of income, are just out of all this IP lottery and its income multiplying potential. |
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