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You may be overoptimistic about the outcomes of folks saving up from working at McDonalds, but maybe you're not 'srs' about that thought. Being entrepreneurial
by scarecrowbob 10y ago
You may be overoptimistic about the outcomes of folks saving up from working at McDonalds, but maybe you're not 'srs' about that thought.
Being entrepreneurial in itself is not Capitalism, which relies on arranging a system so that private ownership production of production leads to the private ownership of profits generated by laborers.
On the face of it, though, making it difficult for private groups to have enough cash to make $10M bets on small enterprises is not impossible for a state. I'm not advocating it, but to take your statment 'srsly' you're overlooking that aspect of the situation.
- logicallee 10y agoYes I'm serious. (*EDIT: obviously I'm not serious that we should jail people for engaging in capitalism, or take away everyone's money, that is sarcasm.) If we were to take away people's money and put them in prison to teach them a lesson about "engaging in capitalism", they can serve their term; then they can go on Hacker News, open a blog, announce a new project, raise funds for it, and become rich. This is almost literally the process by which huge, vast swathes of inequity are created. Mark Cuban's parents immigrated from Russia with the name Chabenisky. Sergei Brin is literally a Soviet-born engineer. How do you stop him from accumulating his current net worth of $39.2 billion -- which literally means he has $5.00 for every man, woman, and child on Earth, of any age, anywhere. That is inequality in action. It's dynastic inequality. How do you stop it? Shut down the Internet?
- anigbrowl 10y agoobviously this is not a serious comment Yes I'm serious Pick one, please. they can go on Hacker News, open a blog, announce a new project, raise funds for it, and become rich. I think you should be more explicit here in step two. https://3.bp.blogspot.com/-Vs3uuPUiQXM/VzRg9MDf2kI/AAAAAAAAJFU/3_1FXot__g0osgoEF5inBqZX9MZcu4NAgCLcB/s1600/cartoon-science-communication.gif https://3.bp.blogspot.com/-Vs3uuPUiQXM/VzRg9MDf2kI/AAAAAAAAJ... I don't want to shut down all inequality, but you're bullshitting when you handwave away all the other factors to business success. It's kind of insulting, to put it mildly.