This is bad advice for anyone with good credit and spending habits. A credit card with rewards is just free money if you’re responsible with it. I haven’t paid interest in over a decade and have made thousands from rewards.
When I see technology actively making the world consistently better rather than constantly trashing the ecosystem that literally keeps us alive, I'll have optimism about it.
Great article, totally agree with the author. I would still be concerned with that power moving to the government, particularly in countries with limited options for true representation (eg. two party systems, where it is usually more a matter of “lesser evil” voting), but that then becomes the next challenge; still more appropriate in the government’s hands than the level of power corporations currently wield.
“AI will make all of your work obsolete, there’s nothing we can do about it. Shame…”
I’m fine with losing my job, it’s tedious anyway. I’m not with losing my income though. Let automation and programs do the work and share the fruit of their labor to the people. Get rid of CEOs.
Anti monopoly and regulations against anti competitive practices are cornerstones of capitalism ensuring free and fair competition.
So no, what we need is a return back to when these practices weren’t allowed, away from allowing these things more than ever as we do now.
It’s easy to see Russia has become an oligarchy, why can’t we see it’s happening to us too?
But we can’t dismantle capitalism altogether, without creating an even bigger monopoly problem, the monopoly being corrupt governments like the soviet union and their 5 year plan economy, that very obviously wasn’t a very good concept.
Maybe that’s what you meant, I’d just not call it anti-capitalism, when regulations are for the purpose of making capitalism work better.
So just “regulation” is better.