Post AUgtCALSkoDkh8xLl2 by gray17@mastodon.social
 (DIR) More posts by gray17@mastodon.social
 (DIR) Post #AUZjT7yUzPEzhqB8wC by anttipeltola@mastodon.world
       2023-04-12T01:16:03Z
       
       1 likes, 2 repeats
       
       I remember Max Keiser calling this the most revolutionary graph he'd ever seen:
       
 (DIR) Post #AUZjYtLCJKWM3cXoNk by Zerglingman@freespeechextremist.com
       2023-04-12T12:11:14.344527Z
       
       0 likes, 0 repeats
       
       @anttipeltola So what happened in the mid-70s? Feminism?
       
 (DIR) Post #AUdOhtVTDNq1gUPHAu by CZB@eientei.org
       2023-04-14T06:36:22.839122Z
       
       1 likes, 0 repeats
       
       @Zerglingman @anttipeltola Bitcoin Mania
       
 (DIR) Post #AUdvxhSD5glfQO1gci by Zerglingman@freespeechextremist.com
       2023-04-14T12:49:01.683876Z
       
       1 likes, 0 repeats
       
       @CZB @anttipeltola 🤔
       
 (DIR) Post #AUeJjYgbI5574qXy8e by CZB@eientei.org
       2023-04-14T17:15:22.664826Z
       
       1 likes, 0 repeats
       
       @Zerglingman @anttipeltola we got taken off the gold standard.
       
 (DIR) Post #AUeK5KG1cHyChMUo8u by Zerglingman@freespeechextremist.com
       2023-04-14T17:19:19.615496Z
       
       1 likes, 1 repeats
       
       @CZB @anttipeltola BORRUSOhttps://archive.secondspring.co.uk/articles/borruso.htm
       
 (DIR) Post #AUgtCALSkoDkh8xLl2 by gray17@mastodon.social
       2023-04-12T12:29:13Z
       
       0 likes, 0 repeats
       
       @anttipeltola @ibzan The 70s was when the idea of "maximizing shareholder value" was invented. I had heard of the concept as a kid, but I didn't learn until much later that the idea is a fairly recent invention.The idea basically turns corporations into paperclip maximizers. Value-maximizing corporations are the poorly-aligned AI that futurists are worried about, but they're already here and already slowly destroying us.
       
 (DIR) Post #AUgtCBverilfbgtloW by MortenBay@mastodon.social
       2023-04-14T20:51:26Z
       
       0 likes, 1 repeats
       
       @gray17 @anttipeltola @ibzan Spot on. It coincides with the rise of neoliberalism, and goes from being a corporate trend to being national policy by 1980 with the elections of first, Reagan, and then Thatcher, Kohl, and Mitterand in the UK, Germany and France.Besides massive inequality, it also results in risk-averse innovation policies. To me, it is the root cause of all our current evils, and I actually believe that globalization has very little to do with it.