Comment by kragen

Comment by kragen 2 months ago

2 replies

it's not that hard

it's just that the usa can only do very easy things now, because the people there have forgotten how to work together

the article explains some of the forms this takes, but, for political reasons, frames it differently

see also: bullet trains, homelessness, mass incarceration, hvdc transmission, chip fabrication, the renewable energy transition, electric vehicle manufacturing. the usa is failing to get its act together in almost every conceivable way

DrNosferatu 2 months ago

Yes, it is called "enshitification" - caused by the Financialization of the economy, and rent-seeking rather than innovating technologically.

https://en.wikipedia.org/wiki/Financialization

https://en.wikipedia.org/wiki/Rent-seeking

  • kragen 2 months ago

    that's part of it; marc andreessen's nimby posture in the atherton zoning discussion, for example, was pure rent-seeking: https://archive.fo/MjHa8

    (i know that's from the 'david miscavige leads scientology to milestone year' atlantic, but i think in this case their reporting is authentic)

    but i don't think that's all, or even a majority, of it. rent-seeking is at least beneficial to the rent-seeker, if successful. but most of the problem is people fighting with each other in ways that aren't profitable even to themselves. a lot of that takes the form of arguing about how to assign blame for problems instead of solving them ;)