Most of the people screaming about socialism would benefit from some. They imagine themselves to be on the right side of Thomas Piketty's R>G (compounded Returns on Capital > Growth in Wages) when they're not. Their earnings are not decoupled from time spent.

https://medium.com/age-of-awareness/youre-not-a-capitalist-until-84870880fbf0

They're the very definition of dumb money that fell for NFT and FTX scams and would have flunked my investments course.

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From Latvia & Porto I write to share learning from an academic&business life in 8 languages in 5 countries & seeing fascism die in Portugal&Spain in1974 & 1976.

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Lester Golden

From Latvia & Porto I write to share learning from an academic&business life in 8 languages in 5 countries & seeing fascism die in Portugal&Spain in1974 & 1976.