The passive income movement was a fantasy about not having to give a shit.
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@Daojoan It is still happening... with AI.
@BubblegumYeti Yes, that's addressed by Joan in her piece.
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@Daojoan I think most people are seduced by "passive income" not as in they don't want to contribute, but instead as a form of security. If income is passive, then you cannot be fired.
It of course isn't true, but I suspect this is the underlying motivation for most.
Or well, it would be for me, maybe I'm weird, but I do think I'm still pretty human.
@danbrotherston @Daojoan that’s how I feel about it, but most passive income seems exploitative, whether you’re tricking people into buying a product that they don’t need and/or exploiting cheap labor to build/maintain the product.
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The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.
https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/
@Daojoan On one hand, "passive". On the other, not so much: a sustainable range.
A byproduct of single solve mindset education, is to erroneously fixate on one value set. And while this tends to lend more profit for the wealthy in more subjugated masses, it eventually spells disaster for most ecosystems.
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The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.
https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/
@Daojoan Our entire culture has been hollowed out by this thinking. And not just by fly-by-night dropshippers- people with MBAs from prestigious schools. This notion that nothing matters but the bottom line, and delivering as little as legally allowable is the correct and smart thing to do. The result is a negative feedback loop where the only thing that can compete is the shittiest thing. It's a race to the bottom and we all lose.
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The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.
https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/
@Daojoan It arguably looks a lot like conspiracy-theory entrepreneurship: the idea that there's a simple, but 'secret' in a contrarian they-don't-want-you-to-know sort of way, area where the game is rigged in your favor; hidden between the visible realms of being the man and grinding for the man.
Very much like the 'alternative medicine'; where there's some relatively trivial(compared to real medicine) miracle cure just quietly hiding out where you can find it but pharma R&D can't, for reasons.
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