(public).sospep.subjects ~ view article ~ re-economic-inequality

<h1 style="text-align: center;">Paul Graham is still asking to be eaten</h1>
<h2>[WHAT]</h2>
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<li>] by Holly Wood - Wood responds to Paul Graham's recent essay on Economic Inequality -</li>
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<h2>[WHY]</h2>
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<li>]&nbsp;</li>
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<h2>[WHERE]</h2>
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<li><strong>] READ THE FULL ARTICLE</strong></li>
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<li>] <a href="https://medium.com/@girlziplocked/paul-graham-is-still-asking-to-be-eaten-5f021c0c0650#.6barl3xuk" target="_blank">https://medium.com/@girlziplocked/paul-graham-is-still-asking-to-be-eaten-5f021c0c0650#.6barl3xuk</a></li>
</ol></ol>
<h2>[WHEN]</h2>
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<li>] 2016-01-04</li>
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<h2>[EXAMPLE]</h2>
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<li>]</li>
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<h2>[HOW-TO]</h2>
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<li>]</li>
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<h2>[REFERENCE]</h2>
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<li>] SRC = HN, <a href="https://news.ycombinator.com/item?id=10831261" target="_blank">comments</a></li>
<li>[2016-01-05] art published on qz.com - more <a href="https://news.ycombinator.com/item?id=10847025" target="_blank">comments</a></li>
<li><strong>] more responses ...</strong></li>
<li>] https://medium.com/@sethbannon/how-paul-graham-gets-it-wrong-in-economic-inequality-6cdb71c45136#.h8xfugfyw - https://news.ycombinator.com/item?id=10832055</li>
<li>]&nbsp;https://medium.com/newco/an-open-letter-to-paul-graham-3d4f3369fe76#.77hhx5gxs -&nbsp;</li>
<li>] simplified version by Paul Graham</li>
<li>]&nbsp;http://eev.ee/blog/2016/01/04/shut-up-paul-graham-the-simplified-version/ &nbsp;https://news.ycombinator.com/item?id=10841493</li>
<li>]&nbsp;http://blog.rongarret.info/2016/01/my-simplified-response-to-paul-grahams.html &nbsp;https://news.ycombinator.com/item?id=10844003</li>
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<li>]&nbsp;<a href="http://www.npr.org/sections/thetwo-way/2014/01/20/264241052/oxfam-worlds-richest-1-percent-control-half-of-global-wealth" target="_blank">the top 1% control fully half of the planet's wealth</a>.</li>
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<h1 style="text-align: center;">&nbsp;comment mine</h1>
<p>by <a href="https://medium.com/@paul_56434" target="_blank">Paul</a></p>
<p>&nbsp;This looks like two straw men having a fight.&nbsp;</p>
<p>Graham ignores the rentier problem, and all the other mechanisms by which wealth begets wealth (he&rsquo;s often complained about his boring adolescence, but not about the good education that came with it). He assumes that anyone who is concerned about rising levels of inequality wants to eliminate it entirely rather than trying to identify the optimum level and manage for that.</p>
<p id="60c3">But Wood assumes that nothing valuable ever came out of Silicon Valley (the PC? Google? Hewlett Packard? Intel?) and seems to think that citing Candy Crush is sufficient proof of this. She ignores Graham&rsquo;s point about the ossified medicority of the mid-20th-century American big business, and instead rants that a nurse is worth more than a game creator without making any suggestion about how this might be improved beyond a vague wave in the direction of &ldquo;democracy&rdquo;.</p>
<p>&nbsp;</p>
<hr />
<p>- great article, some thoughts from "the-looney-tooney-bin"</p>
<p>1] who the h is _"Danilo"_ and why would he pay you $500 to write an essay.&nbsp;</p>
<p>- after reading the essay, i still dont know who "Danilo" is, but i do know why he would pay you to write an essay&nbsp;</p>
<p>2] personally i quite like pg and i like the idea of the "startup {ethos}" culture/wealth creation/</p>
<p>- unfortunately, (<span style="text-decoration: underline;">my startup</span>) doesn't have any VC $, i don't have any seed investors, no startup accelorators calling me up, pitching me their wares - i would say I am about as far from PG and the "SV elite" culture (as you paint it) as you can imagine</p>
<p>- i do have growth, i do have customers, i do have revenue - these are all the <span style="text-decoration: underline;">fundamental indicators</span> that any successfull startup would look to have, unfortunately for me i dont believe that I have any of those in sufficient quantity to be of interest to any one in the industry.</p>
<p>- if a vc called today and offered me <span style="text-decoration: underline;">a fair amount of $</span> for <span style="text-decoration: underline;">a decent chunk of equity</span>, i would most likely take it , believing that i could polish <span style="text-decoration: underline;">the product</span>, get serious about marketing, and build a sales team, while laying the groundwork of a solid company&nbsp;</p>
<p>- the possiblity of going from zero to hero/one is also intriguing.&nbsp;</p>
<p>- the possibity of ...</p>
<p>- the most likely outcome(&gt;90%) is that i will fail.&nbsp;</p>
<p>3] i also think nurses are extremely valuable</p>
<p>-- in my neck of the woods, nurses are in demand, they make a pretty fair dollar(50+% &gt; median salary), work in a unionized environment,</p>
<p>]</p>
<p>We should worry about an American future that would first have to pass through the judgment filter of men like Paul Graham.</p>
<p>]</p>
<p>But what the market deems valuable is not necessarily aligned with what is ultimately good for us as a society or even what we want. Because under conditions of extreme inequality, the market is biased towards people who have lots of money, at the expense of virtually everyone else.</p>
<p>4] this is disturbing</p>
<p>- PG respones to SamA tweet re zuckerberg letter reaction ( looks bad )</p>
<p>&nbsp;</p>
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<p>&nbsp;</p>

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