<story><title>IT is the cause of rising income and wealth inequality since the 1970s [pdf]</title><url>http://economistsview.typepad.com/files/formation-of-capital-and-wealth-draft-5-07-2017.pdf</url></story><parent_chain><item><author>nippples</author><text>I really thought it was corrupt politicians giving away public resources to private mega corporations, irresponsible financing systems, wall street selling lel bonds, the undermining of the national working class, bogus copyright laws that are designed to squish small and upcoming competition, and people purchasing garbage degrees instead of useful ones with money they don&amp;#x27;t have guaranteeing they&amp;#x27;ll be indebted for at least two or three decades.&lt;p&gt;But no, it&amp;#x27;s just IT. How wrong I was.</text></item></parent_chain><comment><author>jrs95</author><text>There does seem to be a hostility towards people who work in tech on the left. To me this feels like pandering to that by Clintonian types who don&amp;#x27;t actually have any interest in dealing with class issues.</text></comment>
<story><title>IT is the cause of rising income and wealth inequality since the 1970s [pdf]</title><url>http://economistsview.typepad.com/files/formation-of-capital-and-wealth-draft-5-07-2017.pdf</url></story><parent_chain><item><author>nippples</author><text>I really thought it was corrupt politicians giving away public resources to private mega corporations, irresponsible financing systems, wall street selling lel bonds, the undermining of the national working class, bogus copyright laws that are designed to squish small and upcoming competition, and people purchasing garbage degrees instead of useful ones with money they don&amp;#x27;t have guaranteeing they&amp;#x27;ll be indebted for at least two or three decades.&lt;p&gt;But no, it&amp;#x27;s just IT. How wrong I was.</text></item></parent_chain><comment><author>kartan</author><text>Yes. I work in IT and I&amp;#x27;m rich, aren&amp;#x27;t you rich like the rest on engineers that read Hacker News?
Not like the poor people at finance institutions, they create so much value and get so few in return...</text></comment>