Tuesday, April 30, 2019
Oren Cass GETS IT.
This long interview with Oren Cass is remarkable. Cass is the only resident of the think-tank world who UNDERSTANDS REALITY COMPLETELY.
Especially salient considering where Cass came from. He worked at Bain Capital, then worked for the Vulture Romney campaign in 2012. Now he's abandoning the whole vulture line and adopting the Natural Law line, the Makeforce line.
I won't quote the good parts, because almost everything is AMAZINGLY GOOD and BEYOND CORRECT. I'll just mark the one small exception. In the question about automation, Cass misses the fact that offshoring is more important than automation as a source of job destruction. Offshoring is actually a counterforce to automation, a return to semi-slavery. When a factory moves to China or India, it uses LOWER tech than it used in USA, because labor is so much cheaper.
Labels: Natural law = Soviet law, Old Economy Steve, skill-estate
¶ 3:34 AM
