I’ve been toying with the idea of writing a book about the American shift from “a hard day’s work for fair pay” to what I’m calling the lottery economy.
Fewer and fewer people can make a decent living with traditional work. Hence, my theory goes, the rise of actual lotteries along with influencers, injury lawyers, and schemes like New Orleans.
Something is seriously wrong when family members hope an elderly relative will die on the hospital so they can get a payout, or when people are crashing into trucks or promoting BS snake oil on instagram.
It’s an indictment of the people involved for sure, but our social and economic systems have created the perverse incentives that these people are betting on. And it seems to be accelerating.
Fewer and fewer people can make a decent living with traditional work. Hence, my theory goes, the rise of actual lotteries along with influencers, injury lawyers, and schemes like New Orleans.
Something is seriously wrong when family members hope an elderly relative will die on the hospital so they can get a payout, or when people are crashing into trucks or promoting BS snake oil on instagram.
It’s an indictment of the people involved for sure, but our social and economic systems have created the perverse incentives that these people are betting on. And it seems to be accelerating.