lawrebx

lawrebx t1_jcqrlyr wrote

I agree the system is broken, but I also see the U.S. as an outlier in the capitalist world. Inequality tends to improve with increased wealth generation across the world.

Look at inequality vs. per capita GDP.

The U.S. is generating the same wealth as other capitalist countries, but with far greater inequality. Looking at the data, the root cause of our structural inequality seems to be in spite of our economic system rather than because of it.

So my question is this - what do you see as the fundamental issue and what system would you propose?

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lawrebx t1_jcowalu wrote

Why does capitalism have to be destroyed?

Hours worked has dropped by 50% over the last century and leisure time has increased over the last century.

Post-Revolution, workers in the USSR worked 48 hours weeks. 8 hours/day, 6 days/week. so not that different.

At least under capitalism, you get to make the call on balancing lifestyle and working hours instead of mandate fixed labor contribution. That seems like it would be better for artists?

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lawrebx t1_is0fg9r wrote

Probability is low.

In the U.S. you can patent the steps to the algo as “mathematical steps and procedures”, but you cannot patent the algo itself.

You’re better off just building a product around your IP and holding it close to the chest. If it’s really that great, you’ll have differential performance that would be hard to replicate.

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