VCs Are Financing an Economy of Servants
An anonymous reader shares a post: But what's at stake is not just employing people properly and/or paying them well -- what is often called the 'casualisation of work.' At the core of enabling, financing and founding this servant economy is something much less tangible but substantial: what kind of an economy do you want to produce with your decisions? How far do you want to push the division of labour between (elite) educated high earners and people providing menial services for this class? The economy we are currently seeding is one where convenience for some is worth more than community and solidarity for all. It pits one class of unstably employed (gig) work 'entrepreneurs' against an often older, surely more established class blessed with safety and security, benefitting from a new choice of servant services.
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