The parallel was too tidy. The pattern went much further back.
I started with a simple question: why does wealth extraction feel so relentless right now? Gig work, algorithmic rent-seeking, AI displa...
@nprofile1q... Wealth extraction feels extreme now because we have something else to compare it with. In the post-war period, the rich were beaten back fairly well. (Cribbing from Thomas Piketty and Brad DeLong, here.)