this post was submitted on 02 Aug 2023
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Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: 'Oh my God. Wow.' (www.yahoo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: 'Oh my God. Wow.'::undefined

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[–] ErgodicTangle@feddit.de 4 points 1 year ago

Some popular neoclassical economic models rely on the "No-Ponzi-Scheme" condition being true. Essentially meaning that Capital can't become negative because there are no ponzi schemes which affect the economy.

This seems like that assumption is just one of the wrong ones.