In the long run, "Baumol's Terminus" is inevitable. And at Baumol's Terminus, the sole, stable political economy is one where the owners of capital in the economy's progressive sectors fund the stagnant sectors of the economy as much as society requires.
@djinnandtonic.bsky.socialThe thing that you need to remember about the Jeff Bezoses and Elon Musks of the world is that they are, without even realizing it, servants, who are playing at master. They are not, and have never been, masters, not really.
