This is a fun video and you should watch it.
Now, somewhere in the middle he has a theory where there's no bakery, and then someone starts a bakery and then someone finances the expansion of the bakery and then there's a big bakery and everyone gets bread, but that's terrible because the guys who financed the bakery got rich, and I'm like, "well, yeah, but everyone gets bread," but he's all like "but wages are all like stagnant and shit," and I'm like "well, I lost my job in the downturn and then took another one for less money and I live in a smaller place with roommates now but I'm still able to eat bread and I can buy manufactured goods like iPads and shit that two years ago couldn't be purchased by me at my previous nominal income nor by anyone else at any income whatsoever and that's like progress and stuff and the CPI misses out on that because it thinks that a car is a car even if it's safer and more efficient and a burrito is a burrito even if Chipotle tastes better than Taco Bell and a doctor is a doctor even though this one can perform surgery on a tumor with fuckin' lasers and shit and a 'consumer electronic device' is a 'consumer electronic device' even if it's the fucking computer that fucking Picard had on the fucking Enterprise and it's got the fucking internet so I can see a video of my family 3000 fucking miles away or locate my lost ass down to 10 fucking yards anywhere on the fucking planet or hold more information than the fucking library of fucking Alexandria all in the palm of my bourgeois yuppy hands and that's progress too," and he's all like "but people lost their houses," and I'm all like "yeah, but you were just complaining about how too many of us owned houses anyway, and it's greedy to buy a house that you can't afford and you're anti-greed, aren't you," and he's all like "well, yeah, but I'm an academic and you're just a dilettante," and I'm all like "well Mr. Marxist, what are you doing here when you could be in like Venezuela or something," and he's all like "that's a cheap shot and besides I draw way better than you," and I'm like "well, you've got me there but then Iwaslikeweeeee.
And then it dawned on me: how much should the entertainment value of free YouTube videos be factored into the real dollar value of my present consumption relative to the consumption rate attainable by a comparably employed web developer in 1970, you know, before there were any internets for me to develop and then I wondered how a professor like him would send his cool video to the masses without YouTube either and then I wondered how there'd be a YouTube if they hadn't been bought by Google and how there'd be a Google if they hadn't taken venture capital and how there would be venture capital if not for capitalism but then I realized that going to bed right now would be a capital idea.
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