> Everyone wants their assets to grow at others expense society be damned.
Which is sad and short sighted, because the best way to increase the absolute value of your assets is to encourage large scale societal innovation. Grow the pie, not your relative share of the pie.
Sadly, I think there are too many people who would rather be king of the wastelands than relatively equal to all others in a post scarcity world.
We need to become collectively better about extracting these dark personalities from power if we want a good future.
> best way to increase the absolute value of your assets is to encourage large scale societal innovation
but from a company & shareholder perspective, this sort of societal innovation and improvement is not privately capturable. Back in the 70-80's, Bell labs did this sort of innovation, but they were funded directly via a gov't subsidy (because they are given a monopoly on telecommunications), and so management didn't have to care that the expenditure on R&D returned profit, as long as it is innovative.
I wish we could return to those days, but i dont believe it is possible today.
Which is sad and short sighted, because the best way to increase the absolute value of your assets is to encourage large scale societal innovation. Grow the pie, not your relative share of the pie.
Sadly, I think there are too many people who would rather be king of the wastelands than relatively equal to all others in a post scarcity world.
We need to become collectively better about extracting these dark personalities from power if we want a good future.