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by eWeSaYYY
409 days ago
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That’s endemic to American capitalism not VCs of modern times. Wall Street is built on looting the pensions of retirees. The American economy has always been “already absurdly rich person takes 9 of the widgets worker produced and leaves workers 1 to share.” In the money printer era this allowed big salaries for some compared to the norm but the rich still took their 9 too. We wrapped mafia like thug behavior of the pre and post war world into empty semantics. The only option for unlocking a massive amount of liquidity for the public to stabilize their individual situations is taxing the rich. |
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A rich man, a blue-collar worker, and an immigrant are sitting around a table. In the center of the table is a plate of a dozen cookies. The rich man takes 11 of them, then leans in and whispers to the blue-collar worker "hey, I think that guy wants your cookie."