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Joined 1 year ago
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Cake day: August 1st, 2023

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  • A lot of consumer’s buying habits for products with inelastic demand is driven by cost. If companies weren’t driven by ever increasing profits then there might be more of an incentive to offer a wider variety of crops to consumers. Certain crops are already subsidized by the government to make it profitable for farmers. If other crops were subsidized then perhaps farmers would be more encouraged to grow them and if people see these at normal prices they might also be more interested in buying them. Of course, this would rely on multiple parts of farming being overhauled. For example, there’s a lot of cost sinks, one I can think of is the locked down maintenance of farming equipment (once again driven by the need for increasing profits via fiduciary duty). Eliminating these and other overheads would not only lead to more cost efficient farming, but also cheaper crops and increased variety offered to consumers.


  • On the flip side I’m worried about manufacturers realizing that the continuous revenue stream from autonomous vehicles is more profitable than selling vehicles outright thereby increasing the cost of buying a vehicle to the point where ownership becomes functionally obsolete except to the ultra-wealthy. This also makes it much easier to restrict the movement of people. Self driving car companies could easily disable the ability to travel to entire areas either because they say they’re too dangerous or not profitable enough to operate in. I can imagine entire cities and rural areas becoming ghost towns. While personally I think autonomous vehicles, in a vacuum, have the potential to save countless lives, the reality is that in time we will be giving the companies making these vehicles the ability to dictate where we can and cannot go.


  • The American dream is essentially trying to tell people that the United States is a meritocratic society. The more work you put in the more you get out. However, I’m sure most of us know this isn’t true. Where you were born and what family you were born into is the primary factor in determining someone’s success. So you grow up hearing stories of “hard working” billionaires and think “I can make it there if I work hard” while ignoring your family who worked their asses off and got nowhere. You see more of the lie of meritocracy as you age. People around you work hard and fail, you might succeed with less effort or fail with more. The idiotic decisions of today’s billionaires solidifies the notion that the American dream never existed and was fabricated to get people to work more for less in the hopes that one day they will make it. In reality, it all comes down to the zip code you were born in.