| ▲ | ang_cire 5 hours ago | |
I agree about what happened, but I think the timescale is different. Railroads were the tools of robber-barons even in the 1800s. Electricity was captured by the major electric companies before most millennials were born. Finance was a stodgy-suit-wearing-white-guy's game when my dad got into it in the 1970s. I knew that's what "finance jobs" meant back when I was a kid building fan pages on GeoCities. But GeoCities and Limewire and Napster and Gaia Online never led me to think that's were I'd end up if I worked in tech. If our boomer parents had warned us about crapitalism as kids, we might have seen it coming before we had already sunk decades into it as an interest and career path. | ||
| ▲ | mrguyorama 4 hours ago | parent [-] | |
>If our boomer parents had warned us about crapitalism as kids All of American society tried to warn boomers about this their whole lives, and they consciously rejected it in favor of a movie star who promised the economy would magically be amazing if only we didn't allow the government to have any say in how business works. "Hey, don't let industries conglomerate because they will do bad things to customers and in general it's pretty inefficient for the economy" was known when Railroads did it two hundred years ago. But that didn't stop Reagan insisting that letting businesses buy up all their competition would magically make prices fall, and it didn't stop the american public from consuming that bullshit with abandon. Like, I don't know what more you want. My social studies textbooks were pretty clear about the times we had to break up monopolies, why we had to do it, and how it had clear benefits. | ||