>And what on earth does it mean, to contribute to an economy wherein only 'non-ordinary' folks benefit?
I have no idea where that came from or what it means, so I can't respond to it.
I made a point of saying that I respect the importance of ordinary workers. I've spent most my life in ordinary jobs, your assumptions about me aside.
However, the fact remains that individually their contribution to the economy is much, much less than the individual contribution of someone who founds and directs the construction and growth of a large company.
Glad to hear about respecting 'ordinary' workers. Still, I suspect there's a difference between respect and understanding the importance of these workers.
If the pay of 'ordinary' jobs is to be set to some low minimum level, then the 'job making' or 'economy building' of the non-ordinary people will have no benefit for most folks. Its fine to brag about building wealth; but if its the highly-educated building wealth for themselves then who cares? But them of course.
The economy is not the plaything of those that have figured out the system. Its not there to make them wealthy, though I have no problem when that happens. As long as we remember the whole system is supposed to be for everybody.
There is a long chain of responsibility in an organization to allow anyone to function effectively at their job. Repeating what I wrote above, take away 'ordinary' tasks and the company grinds to a halt exactly as dead as if the CEO were removed. Maybe not; a company can go on for a year or so without a CEO on momentum; it stops dead if payroll stops processing, or heck if the lock on the front door breaks and nobody can get into the building.
I agree with you in general, but you are not winning any loyalties to your idea with this attitude. Shaming a person and accusing of snobbery is a bad way to drive your point across.
When I debate the social good aspect of entrepreneurship and tech entrepreneurs priorities, I try to appeal to the rationality of the self-interested agents. We, as a humanity, have two unambigous pathes in future. Either everything is really good or everything is equally bad. We are heading to near-utopia or to full-blown dystopia.
Tech entrepreneurs and investors hold the power to change the world faster than anyone else. More wealth inequality --> closer to the dystopia. It rational for anyone with power to influence the world and possible future to contribute to the decrease of wealth inequality.
I guess such approach to discussion would be more beneficial to your cause.
>> Tech entrepreneurs and investors hold the power to change the world faster than anyone else. More wealth inequality --> closer to the dystopia. It rational for anyone with power to influence the world and possible future to contribute to the decrease of wealth inequality.
Unless they think that their lives will be better by increasing inequality, particularly in their individual case (cf. Tragedy of the Commons). And that may well be true, as they would disproportionately hold power and capital. Is it better to be a rich man in a society slowly going to hell or a poor one in a society slowly on the rise?
It's a non-empathic viewpoint, but I can understand why some would consider it rational and self-interested.
I have no idea where that came from or what it means, so I can't respond to it.
I made a point of saying that I respect the importance of ordinary workers. I've spent most my life in ordinary jobs, your assumptions about me aside.
However, the fact remains that individually their contribution to the economy is much, much less than the individual contribution of someone who founds and directs the construction and growth of a large company.