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Discussion on: Open Source Has Not Failed. Don't Cover Up Corporate Abuse of Open Source

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jreighley profile image
jreighley

I think we often forget that money is just an abstraction over scarcity. It doesn't really matter what the balance is on some balance sheets -- unless they are trying to buy the same things that we need to buy, and those items are scarce, there is still plenty to go around.

If you paid every hamburger flipper 100 bucks an hour. They would still be competing to buy the same scarce real estate, and those prices would inflate accordingly. Money doesn't mean what we think it means.

There is a ton of turnover at the top. Wealth flows to companies that generate value, and it flows away pretty quickly as well. So many household names have disappeared as their markets have been supplanted.

It seems to me that raising the poor is WAY more important than holding down the rich.