In the heads of somebody who believed The Fountain Head and Atlas Shrugged were bibles, there are 1 or 2 people doing 99% of all work in the companies.
In the heads of somebody who believed The Fountain Head and Atlas Shrugged were bibles, there are 1 or 2 people doing 99% of all work in the companies.
Not that anyone listens to him, but Noam Chomsky has been saying this for his whole career.
Progress comes from all sorts of places. Scientific progress come from scientists. That doesn't result in things better in my life without a huge number of other people doing things well and efficiently. Both of which includes anything people will pay for, including b2b saas apps. Try having a pandemic lockdown without Amazon-level fulfillment in place. Thankfully we didn't have to.
Who would you like to appoint as an arbiter for what "valuable work is"? If certain people enjoy and pay women to fart in their faces - would you like to ban that? How about other "useless" activities that humans enjoy like video games or massages or fashion or fancy restaurants - would you like to ban those as well?
Depends entirely upon the quality of the fart.
I think Keynes said "The worst form of capitalism is in which the public holds all the risk, and the private sector realizes all the rewards".
Focusing on the latter is fair enough. Thinking that a corporation having lots of money is bad seems completely pointless. That money ends up as dividends or higher salaries or lower prices. Tax the first two and celebrate all three.