Economic nationalism, from a certain working class American, is somewhat understandable
It’s harder to see the net gains from trade/immigration if my job is outsourced or taken
The argument re: cheaper goods or ^GDP feels abstract. What good is a cheap iPhone if I’m unemployed?
It’s harder to see the net gains from trade/immigration if my job is outsourced or taken
The argument re: cheaper goods or ^GDP feels abstract. What good is a cheap iPhone if I’m unemployed?
Or that’s how the logic goes, at least
It seems that Apple and I (working class American) have somewhat misaligned incentives
But what if I had equity in Apple? What if, the richer they got, the richer I got?
Explicitly, not in an abstract way I can’t follow, rife w/ middlemen
It seems that Apple and I (working class American) have somewhat misaligned incentives
But what if I had equity in Apple? What if, the richer they got, the richer I got?
Explicitly, not in an abstract way I can’t follow, rife w/ middlemen
Why would Apple or the next Apple do this? To secure lock-in, incentivize engagement, or disrupt the incumbent!
Still super early in how we think about this but Balaji has some ideas here: news.earn.com/thoughts-on-to…
Still super early in how we think about this but Balaji has some ideas here: news.earn.com/thoughts-on-to…
More broadly, the easiest way to show people the benefits of economic (& corporate) growth is to give people equity in the upside
Ppl can't follow that when companies get big, that means more gov't money & services. So they hate the hand that feeds them
Ppl can't follow that when companies get big, that means more gov't money & services. So they hate the hand that feeds them
Incentives rule the world.
Want people to want a globalized & multinational world? Give them equity in the multinationals!
Interested in hearing thoughts & feedback.
(Remember that it's Twitter and I couldn't include all disclaimers)
Want people to want a globalized & multinational world? Give them equity in the multinationals!
Interested in hearing thoughts & feedback.
(Remember that it's Twitter and I couldn't include all disclaimers)
Edit: Smarter people than me have told me I'm thinking about this incorrectly. Will come back here to describe how when I better understand
