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The Internet Has Been a Colossal Economic Disappointment

hbr.org
5 pointsgeorge88b2 comments
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More blaming of the Internet for something that's been in progress since the 1970s.

We shifted from progressive to regressive (e.g. sales and employment) taxes, cut taxes on the top 1%, and moved toward a financial and service economy.

If you look at the internet and other modern technical achievements as a world wide phenomenon. Global gdp growth has been humming along at 4-5% since the 1950s.

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