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by whataretensors 2947 days ago
It's bigger than that. It's about disenfranchisement of the people. Less than 2% of accredited investors are black, less than 5% women. Capitalism in tech can be thought of as voting for the future with your money.

The JOBS act is like saying blacks and women can vote, but only on 10% of issues and their votes aren't counted as heavily.

Right now there's the biggest disenfranchisement of our lives and most people don't even see it. It's selling the future out from under the public, and not even giving them a chance to buy in. It's racist and sexist to start off with, then it gets worse as you look. And it's completely state sponsored through authoritarian laws built for 'protection'.