[scarface74]

So how do you propose to make things more fair? Why do I have the feeling that knowing the population of HN, who are heavily employed in the tech industry, don’t consider themselves the privileged beneficiaries of capitalism?

[bjourne]

It's up to the Americans. If they are fine with the way things are I'm not going to try to convince them.

[thelasthuman]

The privileged beneficiaries of capitalism are the people that hire the population of HN to make them money.

As for how to make things more fair, a good start would be to allow bad actors (the well connected good ole boys) in the economy to die off instead of bailing them out. Perhaps a better use of that money would be to invest in community owned assets (like low income housing) and businesses (corporations structured similarly to Mondragon)?

https://en.m.wikipedia.org/wiki/Mondragon_Corporation

[scarface74]

How many people on HN are volunteering to pay more in taxes and give up their income that is probably more than twice the median amount in the US?

[JetSpiegel]

All that live in some European countries?

[scarface74]

Well seeing that the article we are discussing is “American life is improving for the lowest paid”, I fail to see how what Europeans are willing to do is relevant....

[geezerjay]

You personally chose to use "people on HN" as your barometer. So, if you failed to see the point you tried to make then you're the only one to blame here.

[scarface74]

Are you as an individual volunteering to give more money in taxes???