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CPLX 3 hours ago

Important thing to know about Derek Thompson is that he has a very specific job in the culture.

His job is to present compelling, interesting narratives about why the world is the way it is and what we should do about it that have one specific attribute.

The attribute is that we must never actually do anything to address the real problem, which is that the lion's share of the wealth and resources are being claimed by a tiny group of people who use monopolies, coercive tactics, buying up politics and technology to hoard and protect their wealth and power.

Needless to say his job is a great job to have because those people will be happy to pay him and promote him. It's how he makes a living.

The reason people are so sad is because they realize there's one set of rules for them and one set of rules for the people in charge with money and power. It's become absolutely obvious that if you ever get any kind of edge or get ahead on a smaller scale level, one of those people from the Epstein class or Wall Street will soon come along and take it away from you.

They'll make you pay a subscription to use your own car. They'll use algorithms to increase your rent. They'll get you hooked on streaming services, buy up all the competitors, and then raise the price. They'll take away your rights to complain about it through an arbitration clause, use non-competes to stop you from hiring people if you're a small business trying to compete. If you do manage to compete with them directly they'll use access to incredibly low-cost subsidized capital to undercut you. If you somehow navigate all of that and manage to succeed they'll buy you and turn around and consolidate your company with what they're doing to go back to their extractive profit model.

The delusion of this article is the idea that people don't really understand what's happening to them, or what the causes are, or that it's this big mystery. People actually are pretty intuitively connected to what's happening, and they'll lurch towards anyone who seems to be, at least sort of, trying to do something about it.

The problem is they don't have any choices who will actually fight for them.

gypsy_boots 2 hours ago | parent [-]

> The attribute is that we must never actually do anything to address the real problem, which is that the lion's share of the wealth and resources are being claimed by a tiny group of people who use monopolies, coercive tactics, buying up politics and technology to hoard and protect their wealth and power.

Yes, thank you for saying this. Truly the "Steven Pinker" of these times. "There is actually something wrong with you if you're not loving this".

Although saying this on this platform, unfortunately, won't get much traction.

CPLX 38 minutes ago | parent [-]

Yes, I am well aware that I have posted my comment on the promotional website for a multi-billion dollar private equity fund.

I guess I can think of worse audiences to try to get this message across to, somehow, one person at a time.