
What!?!! Who are you?!? and how did you get in my house?!?!!
(via coralwine)
I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is a “circle of life” like feedback loop between customers and businesses. And only consumers can set in motion this virtuous cycle of increasing demand and hiring. In this sense, an ordinary middle-class consumer is far more of a job creator than a capitalist like me.
So when businesspeople take credit for creating jobs, it’s a little like squirrels taking credit for creating evolution. In fact, it’s the other way around.
Anyone who’s ever run a business knows that hiring more people is a capitalists course of last resort, something we do only when increasing customer demand requires it. In this sense, calling ourselves job creators isn’t just inaccurate, it’s disingenuous.
That’s why our current policies are so upside down. When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.
— An Uber-Wealthy Venture Capitalist Gave A TED Talk Saying Rich People Don’t Create Jobs — And TED Is Refusing To Post It - Business Insider (via dotandcircle)(via dotandcircle)
Especially interesting about this city is just how pervasive the violence is once you cross certain dividing lines.
North vs South side of Girard Ave, especially near Fairmount. North vs South side of Washington Ave. East vs West side of Frankford Ave. The contrast is stark.




