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Gradual Disempowerment

gradual-disempowerment.ai · 2,057 words · saved by 1 readers

The modern economy allocates goods and services mostly based on supply and demand. That demand is largely driven by human desires and revealed preferences: US consumer spending is fairly stable at around 70% of GDP [1]. Meanwhile, supply is also heavily driven by human labor (both manual and cognitive): the share of US GDP directed towards paying for labor has stayed remarkably stable at around 60% for over a century [2, 3]. 1 These statistics reflect the nature of the modern economy: it is primarily a system of humans producing goods and services for other humans, with human preferences and human capabilities driving the majority of both supply and demand. To give a concrete example, individual consumers in economically developed areas can reliably purchase coffee. This is possible because of the labor of countless individuals now and in the past, mostly motivated by self-interest, to create and maintain a complex system of production, transportation, and distribution — from farmers

Misaligned Economy The Current Economic Paradigm The modern economy allocates goods and services mostly based on supply and demand. That demand is largely driven by human desires and revealed preferences: US consumer spending is fairly stable at around 70% of GDP [ 0 ] . Meanwhile, supply is also heavily driven by human labor (both manual and cognitive): the share of US GDP directed towards paying for labor has stayed remarkably stable at around 60% for over a century [ 0 , 0 ] . 1 These statistics reflect the nature of the modern economy: it is primarily a system of humans producing goods and

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