Technology

I lost interest here

We believe in Milton Friedman’s observation that human wants and needs are infinite.

We believe markets also increase societal well being by generating work in which people can productively engage. We believe a Universal Basic Income would turn people into zoo animals to be farmed by the state. Man was not meant to be farmed; man was meant to be useful, to be productive, to be proud.

We believe technological change, far from reducing the need for human work, increases it, by broadening the scope of what humans can productively do.

We believe that since human wants and needs are infinite, economic demand is infinite, and job growth can continue forever

If human wants and needs are infinite, why do they turn off when our basic needs are met?

This reads like a "I am so smart" post.

Holy shit that reads like the kinda dumb shit I'd write in high school on drugs.

We believe the ultimate moral defense of markets is that they divert people who otherwise would raise armies and start religions into peacefully productive pursuits.

Um. Hmm. Pretty sure that didn't work and those in politics are raising armies and not doing peaceful pursuits...

Also a lot of the stuff about willing buyer and seller assumes that the buyer has options, I don't think from the perspective of real people that everyone has that many options, so they end up with loans or other things which are not good, just to be able to afford vehicles to get to work or a place to live.

So a lot if this seems written by a rich person who has always been able to buy everything they needed and more, not someone who is having to go take loans or go into debt just to be able to get to work.

I love how everything it is saying could be logical and good in another context, but the way it says it is dark and evil

The Hitchhiker's Guide to the Galaxy defines ~~the marketing devision of the Sirius Cybernetic Corporation~~ young founders as "a bunch of mindless jerks who'll be the first against the wall when the revolution comes,”

What he's saying is that fascism prevents depression. Need more oil? Just go take it.

I'm not a believer in Ayn Rand or objectivism, she was wrong on the fundamentals, but she's excellent brain exercise. It's vanishingly rare to find anyone who can meaningfully explain an organized, recursively-coherent single-idea philosophy for 70 pages (the Atlas Shrugged monologue) without clear contradiction if you accept her flawed premises. She truly, viscerally believed, and spent the time thinking about it to prove it (even if, again, she's wrong).

This manifesto is just someone who made some money post-facto rationalizing it with grade-school logic.

500,000 jobs eliminated, how many of those 500,000 are still unemployed? Of those, how many have the means to "band together and take the billionaires down?"