Bouncy house rentier capitalist not having a good time here. I guess if you’re gonna be a rentier you should do it at large enough scale to get bailed out rather than arrested.https://www.latimes.com/california/story/2020-05-21/bounce-house-business-owner-devastated-becomes-activist …
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Retirement and disability exception case https://twitter.com/vgr/status/1263495955631894528?s=21 …https://twitter.com/vgr/status/1263495955631894528 …
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If you’re doing your best thinking to survive and reality still gets inside your OODA loop and trips you up... that’s an honorable stumble and I can respect that. I’d vote for a bit of a communal bailout for you. It’s conscious cognitive free-riding that I have a hard time with.
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To be fair to inflatable house guy, I can’t tell from the story whether he was giving it his honorable best shot in terms of thinking-input or not. I’ve met many like him, with a good eye for basic arbitrage based businesses and a very narrow kind of transactional thinking.
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I guess in Darwinian terns, cognitive free riding is like being a niche colonizing species rather than a generally adaptive one. Which also explains why I dislike “find your niche” business thinking. Niche thinking is for insects.
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I'd agree with this conclusion if income wasn't tied to labor. By this definition, every retiree, early or otherwise, is a rentier.
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I’m willing to make an exception for retirement, since that’s a universal future of falling cognitive capacity for anyone who continues living. It’s a bit like a disability we can all look forward to.
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both automation and figuring it out once and for all create intellectual property viz "capital" to collect rents on you're missing the obvious here
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Patents?
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