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This is now becoming toxic!

● "70-Hour Workweeks and Peanuts" - It's Not Just "How Markets Work" Claiming that grueling work hours and low wages are intrinsic to free markets oversimplifies a complex issue. Capitalism should mean fair exchange, not exploitation. ● "Founders' Fortunes vs. Employee Pennies" - Rethinking Entrepreneurial Rewards Rewarding risk is valid, but amassing vast fortunes by underpaying employees raises ethical questions. Capitalism should be about equitable rewards, not just personal gain. ●"Don't Blame, Analyze the System" - Seeking Systemic Improvement Critiquing capitalism isn't a personal attack; it's about refining the system. Understanding its flaws allows us to make it fairer for everyone. ●"Critique, Don't Opt Out" - Working Towards a Better Capitalism Suggesting one should avoid capitalism if they criticize it oversimplifies the issue. Critique is a call for reform, not rejection. It's about making capitalism more equitable, not abandoning it. No offense to the author, but the excessive toxicity that some folks spread across social media, be it on Twitter or LinkedIn, with others blindly hopping on board, really highlights how we sometimes let our critical thinking slide.

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by hellotherehappy

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Follow-up to the most liked Grapevine post ever

Two months ago I posted this rant on Grapevine (https://share.gvine.app/CLkpBuEqcCvrzKvx6) which I think is one of the most viral posts on the platform. Since then I took a break, learned Vipassana, went to the mountains, read, and reflected. Here are some truth bombs that have been exploding in my head 1) There is a leadership crisis Is it me or do today's self-proclaimed leaders just suck? Look around Grapevine: insecure toxic managers forcing people back to the office, overhiring CEOs who don't know WTF to do, and founders just abandoning ship. "Leaders" and founders today are about as disconnected from reality as the political class, because like politicians most of them are privileged, sheltered, and already wealthy. 2) Technological innovation doesn't mean progress. I couldn't laugh harder when I saw the Indus Valley report basically saying that maybe all of us VCs overestimated how much money we could make funding lending and consumer apps. Maybe funding lending apps that "open up credit for the poor" isn't sustainable when the rate of interest is >18%? Technological innovation doesn't always mean real-world progress. A lot of times, it just ends up perpetuating and amplifying pre-existing inequality. 3) Endless growth toward nothing Most of India's startup money comes from the West. Most of that money was just printed to repeatedly get out of an economic crisis. That's it. There was no great vision to fund the future of humanity behind all this new capital. Just Central Bankers and Presidents pressing the "Create Money" button to delay the inevitable. Most of us here owe our wealth to Easy Money. https://www.youtube.com/watch?v=EpMLAQbSYAw PS: A book, that completely flipped my worldview during this time is this: https://www.amazon.in/Debt-First-Years-David-Graeber/dp/0143422715. I urge all fellow foot soldiers of capitalism to read this. Until the next rant, stay sane, safe, and debt-free!