and says, "Fix this." And so Henry George writes a book called The Distribution of Wealth, in which he invents this idea called Theory of Marginal Productivity, which asserts this idea. But he says the quiet part out loud in the book. He says, "Look, wehave to prove to working people that no matter how much they make, whether it's a little or a lot, it reflects their
And the question is, what's happening is the marginal cost is going down even faster than the prices are going down, so the gap is going up. Marginal costs fell dramatically as well during the post-war period.And in fact, even more dramatically, the productivity went up more quickly.
not very well known in the public. Marginal cost-- the cost of producing an additional unit of a good and service after your fixed costs are covered.Business people have always wanted to reduce marginal cost, and they're always in search of doing that.
create their own entertainment, their own news, their own knowledge-- any one of those 40% of the human race-- and then share it with each other at near zero marginal cost on the World Wide Web, what would you have said in 1989?We did it in less than 20 years.
it cost $10 to make a plate that they would compete their way down 'til the price was $10.10, or whatever. And it broadly that--in a competitive market price would fall to the marginal cost. And this was considered a completely theoretical debate for about a hundred years until we created two things. Well, on the Internet, we created, first, the most competitivemarket the world has ever seen, the barriers to entry are zero; the ability to replicate a new product is infinite; and we also created the marketplace where the marginal cost of
in a different way. Now they're moving to the desktop and their competitors, WordPerfect and others, were bundling free applications software with the computers. Now, again, the marginal cost of production of--you know, marginal cost of putting a software on our computer is zero. There are some opportunity cost, which is perhaps that's the sale notmade, but the expectation would be that if you got WordPerfect free in you computer, you'd use WordPerfect to save your files and WordPerfect if you'd learn the key commands,
time have increased exponentially but our ability to extract Insight from that meaning from that has only grown marginally it's because we mistake information for intimacy we have a lot of information about people but intimacyrequires close proximity um Snoop Dogg said this way I keep a blue flag hanging on my backside only on
long time to get here, but um real self-care is actually the decision-making work that is threaded marginalized group who also feel these problems. And that's actually an interesting thing because I give talks quite often to different corporate
And then to think, if we just had an appropriate amount of representation, for all underrepresented, marginalized communities. And you can see a bit of a reluctance with people, or the sort of, why does everybody have to be so sensitive? Or this kind of reaction, which again, goes back to the, I think, I don't understand, mixed with an ignorance, of course.
is to pave the way so that it's easier for the people that come after me, for the women, for the members of LGBTQ community or whatever marginalized person is trying to make headway in a patriarchal workforce or whatever. And I think we need to be proud of the fact that we're normalizing this new paradigm where gender starts being taken out of things like leadership and competency
He was talking during World War II. marginalized or stigmatized person, to say that this is going to be a safe place for me, that I am going to be safe and protected,
But I think that the title of this section of your book was "Meetings Present Opportunities." I like that. marginalized, the ones who are the negative recipients of the unconscious bias, to do a lot of educating and engaging.
What's that space been like for you as you've been sort of in the community for years? marginalized in our community, specifically, trans women of color, especially created by a trans woman of color.
Asexual. Yeah. Yeah, absolutely. Marginalized gender alignments are when you're gender assigned at birth does not correspond to who you actually are.
And one thing that I think is a common practice that we grapple with here is as soon as we start centering marginalized communities, whether that's black folks or queer folks or poor folks, people of the more privileged class start looking for the side of their identity that has disadvantage, and like what about this?
I go to your blog and I see these people with tattoos of characters on their arms and things like that. Marginally to talk about my content, but they just kind of get-- Because there are crazy threads that are incredibly long, people just chatting back and forth on the site.
it. We're not gonna get rid of anti-Semitism by suppressing it. We have to, you know, we have to deal with it. The way you deal with it is by exposing it and arguing with it and marginalizing it. That that's my view. The place where it crosses over is are people using these sites to organize acts of violence against other people? That's where law, you know, other laws come into play. I don't know if that's a perfect answer. I mean, you're asking like absolutely one of the hardest edge questions. And it's the one where those
maximizing marginal tax rate of 82%.
The marginal tax rate there in all of the states that did the Medicaid expansion with the Affordable Care Act is over 100% because people are on Medicaid at $36,000
The marginal value is less.
tell marginal members, "Hey, maybe stay away from AI. Like there's so much money out there." And that to your first question comes back to why this race in
So marginal environments, extreme environments, on our planet has really sort of set the stage for trying to expand our thinking in that regard.
or marginal states. And their entire effort was looking at what is happening in the marginal states.
The marginal rate of return on new incremental growth is really, really excellent.
And what's triggering this shift to a new economic paradigm, a collaborative commons economic system, is something called zero marginal cost. Now, zero marginal cost is something you're very familiar with here at Google, and certainly we are the business community-- not very well known in the public.
We have virtual retailing right now. The marginal cost in renting out the room is near zero.
The marginal cost per page is zero at this point.
A marginal percentage given to the Iranians.
The marginal cost is zero.
And marginal taxes in the first 30 years after World War II were always above 70 percent on highest incomes.
the marginal vote that will determine the political outcomes. If we do these things, then we could have probably change India's political system from the 19th-century archaic
for marginal living. "I liked being here, where people talk about everything except shopping and what they do for a living," she said.
But marginalism is also opening up to the possibility of calculus and the possibility of creating models.
are marginalized trying to get right here, as you can see, to the eye of a stream, a spring in Ethiopia.
to marginalized people is you are inferior
La marginalidad en nuestro sector va bastante ligada al market share que tenemos.
are marginalized in those ways.
while marginalizing our inner demons-- our biases, illusions, our tribalism, our thirst for dominance and vengeance.
of marginalization as you.
still marginalized voices, through the Internet, we can find our people and find our base.
Asexual. Yeah. Yeah, absolutely. So marginalized orientations are not heterosexual orientations.
or marginalized groups in society, and democracy being the will of the people translated
other marginalized communities. We've seen how that affects the trans community, the gay community, immigrants, things like that.
to marginalize animal rights activists and environmental activists as threats to the state.
of marginalization in society.
But this idea that people actually thought that we would take a privileged, multimillionaire rich white lady that has a dynasty to be understand marginalization. People who fundamentally understand what it means to be a second class citizen not to say that women historically haven't, white women included,
were marginalized in the workplace so they fac the same kind of challenge as women do but that was only dads who were
are marginalized, but everybody, there are two things that happens.
in marginalized communities, but not unique in impact.
And marginalized women, people on the edge of society really interest me, people who are a bit kooky and different, and area treated accordingly.