Pretty sure that’s why they invented the stock market in the first place… Faustian deal where innovators and disruptors trade their future potential for a leg up today. In exchange the wealthy slowly seize whatever new technology or IP is created, guaranteeing their position into the future.
Big tech wonder boys like Zuckerberg and others coming out of Y Combinator aren’t miracle stories - they are the chosen few handpicked by yesterdays elite to help them close the circle from others.
This is something that I hope society learns to comprehend and act on more effectively in the future.
A lot of today’s huge problems we’ve known about since I was a kid 30 years ago - climate change, corporate greed, housing crisis, immigration, etc. I spent most of my times growing up arguing with adults, having my lived experience questioned. I thought there would be a tipping point when I started working, or paying my own way through life, where the condescension would stop but it never did.
The current older generation has lived longer than any other in history, and they’ve clung to control for as long as possible. Even when younger leaders come in, they’re still trapped in these outdated values—Victorian at best—that keep pulling us backwards. Somehow, they’ve convinced themselves that investors deserve their returns more than people deserve to live. It’s soul crushing.