I think I missed where the choice was? He ends saying in 2020 we have a rare choice 'to put clamps on the bull shit economy'. Did I miss something there?
When MoviePass offers unlimited screenings for ten bucks a month, when Uber gets an $82 billion valuation for a low-margin taxi business it has never made a dime on, when WeWork implodes after the slightest scrutiny into its numbers, that’s the bullshit economy at work. We have seen the farcical bullshit of Juicero and the consequential bullshit of Theranos.
The Iowa disaster is a sign that our economic structures are breaking down, that private enterprise has become a shell game, where who you know matters more than what you can do. The bullshit economy has bled over into politics, with the perfect president but also the perfect amount of grifting and consultant corruption and unbridled tech optimism.
Nothing here is really new though...
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Bingo. That is kind of how things have always been.
I think I missed where the choice was? He ends saying in 2020 we have a rare choice 'to put clamps on the bull shit economy'. Did I miss something there?
Quite amusing think piece.