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The Infinite Monkey
A Few Thoughts On Driving Change That Is More Inclusive
[Capitalism assumed] that from the beginning all men are equal. If that were so everyone would be equipped with the same working power, the same education and, above all, the same economic assets … each person would [then] have only himself to blame if he did not succeed — Knut Wicksell
There are various versions of idiots. An idiot is a person who keeps doing the same thing hoping for a different outcome. If history is any indicator, we are all idiots at different points in time. We keep innovating only to realize that we leave a lot of people left behind each time we innovate.
Raghuram Rajan, the man who predicted the financial crisis of 2008, recently published a new book titled ‘The Third Pillar: How Markets and The State Leave The Community Behind’. In it, Rajan writes: ‘Half a million more middle-aged non-hispanic white American males died between 1999 and 2013 than if their death rates had followed the trend of other ethnic groups. The additional deaths were concentrated among those with a high school degree or less, and largely due to drugs, alcohol and suicide’.
