duxup
7 months ago
The powerful tend to like the idea of less democratic governments / rigging the game (business) so they win. It's easy, they're not interested in competing in a market (ideas or business) if they can simply cuddle up to a despot and easily get theirs. So we see many line up to take their turn to bend the knee.
There's a weird idea among those on the right in the US where they see business people as somehow having some good insights as far business overall (the market) for the country. But really many of those who gain power are very much not interested in competing / open markets / competition, quite the opposite. They got theirs and for many the inclination is to close the door (market) behind them.
potato3732842
7 months ago
You're not thinking general enough.
Once merit no longer becomes an effective moat individuals, organizations and entities turn to violence. In the modern world this means cozying up to government who has the monopoly on violence and getting competition regulated away if not in full then at least fractionally with barriers to entry.
I would be unsurprised if over the next 40yr the software industry does the same thing by adopting professional organizations that get themselves written into law the way various other professions have.
OldfieldFund
7 months ago
I felt that it was really easy to get consumed by money/power when I started making serious income. To feel that I'm better than other people.
And I mean that in the context of running my own company, which meant I could make very unethical decisions if I wanted to. (financial services -- the easiest niche to bend the rules just a little bit)
The temptation was strong, at least in my case.
It took me some time to turn around, understand when enough is enough, and what is actually important in life. Therapy helped.
I think that the old saying, albeit banal, rings true: "all power corrupts. and absolute power corrupts absolutely."
_DeadFred_
7 months ago
When I was rich and on top of the world I remember running around in my boat full of people partying blasting this song and taking the chorus seriously. Man, it felt good. It felt so so good. Can't believe it was so long ago and a different life.
'We are the people that rule the world' - Empire of the Sun https://www.youtube.com/watch?v=2rm0gwqCR_0