Modern Economics is a Race to the Bottom

Marc Lenz
Nov 21, 2020

‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎
How low are people willing to sell themselves?
Who can sell at the lowest price?
Who will buy at the highest price?

Whose time is most worthless?
Who is willing to do the most vice or repugnant?

What is the minimum living condition a person can accept?
What is the minimum condition before protest or civil unrest erupts?

Who can best exploit others?
Who can best externalize costs?
How to maximize profit?

Who can best hide behind company logo?
Who can the fool the most amount of gullible people?
Who can do the most outrageous things while spewing the most beautiful words?

--

--