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’m a big fan of Always Sunny, but not much outside of that.

My take on it is this: it’s a movie about being a nobody with small, kind of pedestrian life goals, in a time when everyone is trying to be famous and we are inundated by media and celebrity. Everyone in the movie tries to make themselves the main character, except for the actual protagonist.

The most essential question of the film, at a literal and existential level, is this: who is this story about?

I agree completely!

Fools Paradise. I loved it. Thought it was beautiful, subtle, and weird.

I was absolutely shocked how poorly it has been received. I think most people completely missed the point of the movie.

Agreed. What a dumb article.

deleted by creator

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.

It can, and will, get worse.

A carbon tax is a specific, simple, policy that voters could form a broad coalition around to implement.

Because a carbon tax incremented over a period of years would achieve the desired outcome with much less administrative burden and economic impact.

We should use fossil fuels sometimes - when it’s worth paying the real cost!

Agreed! That convenience is called a negative externally. It is a cost that accumulates to everyone that is not captured in the manufacturing process. Implementing a carbon tax (which can start small, and increment predictably over a period of years) would re-align purchasing decisions to true costs.

All change is hard, but it is the best solution because it appropriately distributes costs with minimal complexity and no loopholes. And it sure beats doing nothing IMHO.

Carbon tax! Carbon tax!

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!

Wildest? Really?