Re:Economic Inequality
by karlheinz on Sunday January 03, 2016 @10:07PM
(#10833806)
I'm not the right person to answer this question.
My initial comment was an attempt to illustrate the fact that startup funders and VC's that get rich don't make innovations in a vacuum. They rely on a complex network of global labour, government funding, university research and the entire history of human knowledge.
Therefor I don't think funders and capital owners should feel so certain about their privilege to extract enormous amounts of private wealth for the prize of rising income inequality.
My initial comment was an attempt to illustrate the fact that startup funders and VC's that get rich don't make innovations in a vacuum. They rely on a complex network of global labour, government funding, university research and the entire history of human knowledge.
Therefor I don't think funders and capital owners should feel so certain about their privilege to extract enormous amounts of private wealth for the prize of rising income inequality.