5 Comments

I think this is all great and agree that this is a good outcome if we can manage it. My only critique is that I wonder how long certain institutions like Amazon will stay trusted. Trust revolves. My mother, who was an Amazon fanatic for awhile, and now uses Walmart because she can trust it more. I wrote on my own blog about how Amazon has fallen to Campbells law, with those trusted reviews getting gamed through all sorts of means.

Some of these legacy institutions need to be knocked off the pedestal, but certain policies like Too Big to Fail doesn’t let the rotten trees fall down, and they continue to block the sun out for the little guys, to mix my metaphors.

What app are you using for training? I was thinking of this and I might do it! Sounds like a good use of money.

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Amazon seems to have willingly becoming a marketplace for stolen goods and fraudsters. They don’t seem to be particularly worried about the crimes they are abetting. I trust Amazon to make money any way they can, and that is about it.

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Yeah it’s truly bizarre to see how bad it’s gotten, they really just let it go. I am positive it will catch up with them, though the lag between when they don’t care and when they do has a lot more to do with the sales trends of AWS than anything else. It feels more and more like the storefront is a loss leader.

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Bloomberg totally would write a series on declining INSTITUTIONAL trust and call it "social trust" throughout.

People of their ideological bent don't distinguish between people and institutions.

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There’s a clue in the first part of your essay to the question posed in the conclusion. Past *waves hand vaguely* a certain threshold, people desire status more strongly than goods, and *more hand waving* status is largely conferred by the ability to induce others to provide you a quality service. Therefore, inequality is at least partially zero-sum and solving it is a wicked problem.

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