Re:My own private basic income
by logfromblammo on Wednesday June 28, 2017 @05:49PM
(#14658804)
To be [un]fair, these days Oprah makes a bit more money by apportioning time on her OWN media platform for other people to sell woo-woo lifestyle products. She's going to make more money from that than she ever did by appearing on camera personally. If she withdrew from society tomorrow, the people she left running her channel would still be doing work on behalf of the business, and would still be sending her checks.
She can't appear on camera 24-7, but that media empire she now owns chugs along even while she sleeps. That's why owners win.
Your garbage pickup person doesn't even own the route they clear. They can be replaced at the drop of a hat by someone else, or by a semi-automated garbage truck. They cannot effectively capture the value they do create. The guy who "owns" the routes via their contracts with the municipal/county council is the one that can suck most of that up.
It isn't those who create value that get rich, but those who can best capture created value.
She can't appear on camera 24-7, but that media empire she now owns chugs along even while she sleeps. That's why owners win.
Your garbage pickup person doesn't even own the route they clear. They can be replaced at the drop of a hat by someone else, or by a semi-automated garbage truck. They cannot effectively capture the value they do create. The guy who "owns" the routes via their contracts with the municipal/county council is the one that can suck most of that up.
It isn't those who create value that get rich, but those who can best capture created value.