Comment by corimaith

20 days ago

The fourth level would be the capitalist class (I.E everyone becomes an entrepreneur/businessman), but we didn't really figure out a reliable way to convert the upper-middle to upper. Funnily enough, the problem isn't lending, money was pretty cheap for the last decade or so, and even China had that whole microloan thing happening, but that not enough of the upper-middle were capable of executing correctly.

Imo, we should go back to education and take a more serious look about the social utility of what we are teaching, not on an individual but a systemic level and whether this really is the best way to allocate subjects. How much of this after all is about actual training or just social signalling?

> Imo, we should go back to education

We tried that before the service revolution took off. That's exactly why we started pushing people into college, thinking that education could build entrepreneurship/businessmenship. We told the kids that if they become those entrepreneurs/businessmen they'd earn more money, live a better life, etc. in hopes to compel them in that direction.

But that's not what the people wanted.

> everyone becomes an entrepreneur/businessman

...this has been "figured out" -- it's brutal, and it looks like the gig economy.

I don't even have to paraphrase this: "Drive with Uber - Be Your Own Boss"