4 ms·

There was an idea floating around the blogosphere a few weeks ago about investing in individual rather than an specific company. Where you would pull in a perce

• joshd 17y ago
  That sounds like slavery.
  • dpatru 17y ago
    No, slavery would be forcing someone to work for you (rather like what the government does when it forces people to pay an income tax.) Contracting with someone for a percentage of their income is rather like investing in their startup with the agreement that they will work for the startup for a long time.
    • jfarmer 17y ago
      Even if it's done without force, one can't contract away their freedom (at least in the US). The contact isn't enforceable.
    • kls 17y ago
      No dude it is slavery, it is called indentured servitude (classified as a form of slavery) and it is illegal. The reason being that if allowed it is easy for the rich to drive down the market until you sign up for service or you starve. If allowed, the vast majority on this board would be indentured in less than 15 years. The worst part is that it never becomes enough, fathers have to enlist there sons, before they can consciously accept or reject just to be competitive. If they ever legalized this in America, I would revolt the day it was passed, it may be a revolution of one, but it would be a revolution.