As I read Luke's Post, I couldn't help but draw comparisons between the feudal lords of Europe and the New World. I don't think I really realized how damaging an exponential rewards system is to an economy and to the human spirit.
Prior to the hard fork, wealth was sent down in lightning bolts like Zeus. Many posts were feast or famine. If that's not a metaphor for trickle down economics, I don't know what is.
The kings of Steemit have lost 10x - 1000x of their voting power while Representatives have gained enormously. I'm predicting this will spur a newfound desire to build lasting communities within Steemit. Pretty exciting times.