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derek's avatar

As Spock would say to Cap. Kirk, “Fascinating”.

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So now coming here, what's the implicit 'bargain' you want now?

Give us 100% of your assets on death and we'll mine space rocks for your kids?

Only provocative here, because you go from a pithy encapsulation to 58 policy proposals. It's hard to comment in real time consuming the whole timeline, but what's the goal?

One way you could frame the implicit deal of the past 30-35 years post Cold War was 'lift all global boats, and we'll effectively have peace and rising markets... forever. Everyone can get rich!' That failed miserably. People *feel* worse off than their parents because wealth inequality is so much easier to see and consumed everyday. Access to cheap credit and private equity and VC opportunities was not evenly distributed - labor couldn't even come close to keeping up.

We now know how stark market failure is with rival goods, cheap credit, and large foreign investment. Pure gambling and speculation can't be the only way out for most people.

In many ways, land for hard work was a better bargain, because you had some control over your fate.

Today, it feels completely out of people's control. The "college" for "middle class life" bargain failed miserably.

So what's next?

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