[danans]

> But which is the bigger risk? A billionaire's $100,000,000? Or your home, your health, and your retirement savings were you to lose your job in a bad market?

This parallels the diminishing marginal utility of wealth, which states that with extreme wealth, you can't buy any more to get more utility or happiness.

In a way, the risk phenomenon picks up where that phenomenon leaves off, where the need for normal "utility" gives way to the desire for amassing power over society at large.

The mistake they make is not realizing how much of their wealth and welfare relies on the welfare of the masses.

> I'm interested in company structures that incentivize distributing risk, profit, and power across a larger group than we tend to see in modern companies.

Ironically this is a tiny bit of what we saw with employee stock options in the early days of the internet industry, reflected in the historically outsized power and voice of workers. Arguably, that is a part of the rationale behind the big tech layoffs - to put labor back in its place.

[eru]

> This parallels the diminishing marginal utility of wealth, which states that with extreme wealth, you can't buy any more to get more utility or happiness.

You can buy more. The utility just diminishes, but doesn't go to zero.

> Ironically this is a tiny bit of what we saw with employee stock options in the early days of the internet industry, reflected in the historically outsized power and voice of workers. Arguably, that is a part of the rationale behind the big tech layoffs - to put labor back in its place.

Compare and contrast https://slatestarcodex.com/2014/09/14/does-class-warfare-hav...