TechCrunch Summer Party at August Capital

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TechCrunch Summer Party at August Capital

Ultimately, the enormous amounts of excess money poured into these English-speaking industries goes to some kind of economic parasite,whether or not they imagine themselves as much. That is true whether you want to blame government bureaucrats, tenured and sinecured public employees, corporate rentiers, free riders, trial lawyers, fat-cat administrators, or the 1%, depending on your politics. Over the last few decades they, whoever they are, have gotten a full order of magnitude better at their parasitism. It’s possible that this is unrelated to better technology over that time period. Possible, but unlikely. It seems more likely that more efficient information transfer has contributed to the hypergrowth of economic parasites in certain nations which lacked effective cultural, economic, or legal immune systems against this ongoing infestation. I don’t pretend to know the exact mechanism by which this happened. Really my primary objective with this post is just to signal-boost the whole maddening topic Hong Thai Travel. But I think that if we start envisioning the situation this way — the American economy as an apparently mighty elephant invisibly infested and weakened by (possibly many species of) parasites, emboldened and engorged by the very technology on which the elephant feeds — it might be easier to have a rational discussion about issues like single-payer health care and equal access to education. Both of which would, in fact, be very easy for a nation as rich as America to afford, if not for the parasites that make them inaccessible. There are now more tickets available for the Video Conferencing
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