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In this episode of Stop To Think, we pick up where we left off last week with our discussion of the post-robot world. This episode focuses on how people have multiple roles in society and that each role has different incentives. As a consumer, you want stuff to be as cheap as possible. As a producer, you want the stuff you produce to be as expensive as possible. Many people in the "working class" own a lot of the companies they're constantly calling greedy in their 401ks and pension plans. So they actually benefit from the "greed" of these companies even though they're calling it unjust.
In this episode of Stop To Think, we pick up where we left off last week with our discussion of the post-robot world. This episode focuses on how people have multiple roles in society and that each role has different incentives. As a consumer, you want stuff to be as cheap as possible. As a producer, you want the stuff you produce to be as expensive as possible. Many people in the "working class" own a lot of the companies they're constantly calling greedy in their 401ks and pension plans. So they actually benefit from the "greed" of these companies even though they're calling it unjust.