This is by a wide margin the most bourgeois shit I've heard on here apart from the constant cryptocurrency posts. "Make disgusting amounts of money by doing nothing instead of your actual job!"
You actually have to provide that value in the first place. At no point does he mention "doing nothing".
> A necessary collorary to this: the principals of a technical consultancy do very well for themselves. I don't know if that is a secret but it certainly isn't well appreciated: nobody says Occupy Boutique Rails Consultancies, but the principals of them do end up in the 1%.
is not great for society and I'm highly skeptical that it's necessary. However I can see that it would be hard to do things differently -
This type of high-level admin stuff is a simple way to make an organisation efficient, and it's unclear how best to achieve the same level of efficiency whilst simultaneously not allowing the principals the power to centralise reward to themselves as well.
Everyone does literally the exact same thing but you add profit sharing to the consultancy. As the article said "Clients Pay For Value, Not For Time." Unless the principals are somehow actually providing the overwhelming share of the value rather than the people doing the work.
How is literally providing tens of thousands of dollars of value "doing nothing?" That's far more productive than your average web developer quibbling over how many pixels wide to make a button.
I felt gross and kind of disappointed while reading the article. I need more time to think deeply about why that is and communicate it in an effective way.
Otherwise, prepare to deal with the cold truth that many businesses are out there for themselves exclusively.