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Oct 13

Bounded Capitalism

The degree to which someone can accumulate wealth should be bounded by the earnings of the weakest wallet. At a certain point, you can earn more only if you pull everyone up.Capitalism vs Bounded CapitalismThe amount of wealth you can capture relative to your peers is currently unlimited. This is a problem (see: wealth shown to scale)."Wealth that causes poverty isn’t wealth." - Robert ReichWe can use blockchain tech to implement bounded capitalism. With bounded capitalism, you're still ...

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