Naval Product Leverage Is Egalitarian
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Apr 19, 2019 Explore how product leverage creates a positive-sum game, making tech products accessible to a global market. Unlike status goods, which serve a select few, the best innovations target the middle class. Discover how wealth generated through products can be more ethical than traditional methods. With labor and capital becoming permissionless, everyone can contribute to and benefit from this egalitarian shift in consumption.
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Egalitarian Products
- Labor and capital are less egalitarian in outputs than code and media.
- Products like code and media create a positive-sum game, benefiting all consumers equally.
Status vs. Utility
- Status goods, like Rolex watches, are zero-sum: their value decreases as more people own them.
- Products like cars and technology become better and cheaper as they become mainstream, benefiting the middle class.
Modern Egalitarianism
- Modern goods and services are becoming more egalitarian as leverage shifts from labor/capital to products/code/media.
- Even food, with decreasing labor and capital elements, is becoming more technology-driven and equally accessible.