#TestAndTrace Smith 🐇 @Noahpinion Bloomberg Opinion writer. Writes about economics, tweets about rabbits. Doesn't actually look like William Butler Yeats. May. 22, 2020 1 min read

My instinctive answer to this question is that in a world that didn't afford people the opportunity to amass great fortunes through commerce, ambitious status-seeking people who are very skilled at managing large organizations would become WARLORDS instead of billionaires.

Of course, there might be a third alternative, such as 1980s Japanese-style corporatist managerialism, where ambitious super-managers simply rule over corporate fiefdoms instead of amassing great fortunes.

The question of what to do with ambitious super-managers is not easy!

And it's also worth mentioning another possibility: That in the online age, control of physical resources simply won't be as important a status symbol as before, and the ambitious super-managers will want to be online influencers instead of billionaires or warlords...

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