We don’t need billionaires, and we can structure the market so we don’t have them
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from Dean Baker The Economist gave us a classically sloppy piece last week, telling us that we need the mega-wealthy types like Elon Musk and Mark Zuckerberg. The argument is largely tautological. It points out that the mega-rich have been responsible for the diffusion of important technologies. There is considerable truth to that, but this is because we […]
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