There’s something unseemly about a society where a lot of people have to rely on charity to survive and there is an uncritical charity-cheerleading track of the discourse flowing withgratitude, humility, etc. I appreciate those who do basics-giving, but it’s a job for taxes
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In a sufficiently simple and primitive world, privatizing the rewards of success to a degree while socializing the costs of failure almost entirely, is a win-win for everybody. In a sufficiently complex and technologically advanced world, it tends to be a lose-lose.
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It’s because the taller and wobblier the tech stack, the deeper the hole failures can put you in. Innovation goes from antifragile to fragile with the height of the stack it rely on. And when things fail, they hurt more people, more badly. Beyond the scope of personal charity.
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There’s something silly about expecting churches and gofundmes to fix externalities of say heavy metal contamination, asbestos, slums created by redlining and highway systems, and pandemics spread by globalized industry. America bridges the gap with lawsuits. Not ideal.
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End of conversation
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Another thread on why you concluded LVT is a possible cure-all coming soon? Especially in the context of the really tall tech stack that is a reality now.
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