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cucumber3732842today at 11:13 AM1 replyview on HN

None of those industries create the material or social plenty that make us all richer.

You cannot eat real estate or stock options, the medical industry is a drag on us all though obviously you can cherry pick examples where things don't look perverse.


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lotsofpulptoday at 11:54 AM

Am I being trolled? People live in buildings developed by real estate development companies, people take life saving and life extending medicines made by pharmaceutical companies, and people communicate and navigate using the electronics made by tech companies.

The things they create (and not exclusively they, obviously the country as a whole creates too) directly lead to the share price increases and dividends that allow many or most people in the US to maintain purchasing power.

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