Economics: It doesn’t have to be this way

I want you to watch this video. In particular, at 15:02 it gets broken down really nicely.  I love this summary:

it doesn’t have to be this way. We are as a society capable of producing more than ever before.

Yes.  It does not have to be this way. For a while I was afraid that we were in for a world of totalitarian governance. I’m still not excited by the prospect, but I don’t think invisible, invincible corruption baked right into the system is a lot better than the alternative.