, 4 tweets, 2 min read Read on Twitter
Resentment of the wealthy wouldn't be so popular if the wealthy weren't doing things like pricing medicines that prevent blindness by doing a discount cash flow analysis of how much individuals value each eye. (It's $500k apiece, or $1M in total.)
Populists don't resent wealth. They resent *illegitimate* wealth, extremes of wealth drawn from power and connections and speculation. Not wealth created by making and selling things. It's no surprise that as we've turned towards extraction populism is getting stronger...
Apologies, the Spark Therapeutics treatment to treat blindness is just $425,000 per eye for a total of $850k. They are selling it under the million dollar price point. Everything is fine. bloomberg.com/news/articles/…
I haven't analyzed Starbucks in depth, but the answer is... maybe leaning towards no. Starbucks is a chain store, and chain stores have both extractive qualities and useful ones.
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