Huh.

Wrong turn on 3rd…

This better not awaken anything in me

One major factor: women entered the workforce. Labor supply doubled, and two incomes per household became normalized. Our current economic system fails to account for the work of raising children which was implicitely built into the “traditional family” model.

That’s a double whammy for workers. The value of labor is halved. Both partners are expected to work to achieve a similar standard of living. And, without one partner doing household and child-rearing labor, those costs are borne by the workers.

Interesting! Thanks for elaborating.

How is that better than a database? Is someone concerned that Walmart will fabricate supply chain tracking?

Can you name another technology that has such a high hype to delivered value ratio?

Dab pen and spice jars.

That’s basically enough to start a religion in medieval times. Spices to finance a nice temple, and dabs to create a religious experience forc prophets who testify to the power of the faith.

I agree completely!

Agreed. What a dumb article.

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Winchester?

Hot take: it was a valiant effort by people with tremendous power and influence to do the right thing with the wrong tools. Blackrock et al. tested the hypothesis that companies can generate greater returns by doing good. In doing so they risked their reputation and relationships with their investors.

We all learned together that their hypothesis is wrong. One cannot add a constraint (ESG etc) without compromising returns, and the big money piles operate with mandates to maximize risk-adjusted returns.

Kitty History time!

Yes. This is the silent problem of enormous wealth inequality in the US. As the middle class disappears, fewer people are able to pay small fees to contribute to things like local news, community organizations, and online services.

That’s a shame. Thanks for giving it a try and reporting back!

Love it. I’ll keep an eye out!

Anybody tried this? How is it?

It works quite well. And it could work much better than it does now in the US. But wealth inequality erodes the education and free time of the population entrusted with the responsibility of voting.

This isn’t wrong, but shitposts bring people who meme which brings people who discuss. Have to get a strong user base before strong discussions really kick off.