March 5, 2019

Taking a cut

Some things we used to do for free, without the need for a middle-person:

  • Talk to each other on the way home from school
  • Eat dinner together
  • Drink water
  • Pay for stuff
  • Enjoy a view of the Thames from the Festival Hall
  • Hail a cab
  • Go on a date

In some cases a middle-person can add tremendous value – mediating a dispute instead of going to court for example.

All too often though, that new thing we’re all dying to try is just a mechanism for taking a cut of the value others have created.