[dindobre]

I feel like the gist of this could have been "rent seekers bad", something I'd strongly agree with. A non-trivial part of society is checked out of real work and milking others dry because of existing conditions or acquired leverage.

[losthalo]

Has anyone done a real study on what value the financial industly adds?

[tinnet]

I agree. It seems like an effort to criticize issues of late stage capitalism without sounding like a socialist.

There’s also strong overlaps with Varoufakis’ “Technofeudalism”, I.e. construction companies living in autodesks fiefdom.