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That would be, in its own way, even more messed-up for the economy as a whole. It would mean we're steadily replacing democratically-governed public services a
by eli_gottlieb 10y ago
That would be, in its own way, even more messed-up for the economy as a whole. It would mean we're steadily replacing democratically-governed public services and market-governed businesses with VC's decisions about where to provide a "service" by throwing good money after bad.
I should be able to catch a ride somewhere without relying on the philanthropy and good-will of some rich dude.
- existencebox 10y agoAs an observation, your dystopia sounds like the grand vision of many politicians I've heard trumpeting privatization and philanthropy replacing social programs over the years. (However, I would mete the latter part of your AND (market governed) that VC is only a small part of the grander market, and their spending habits are (potentially, although I'd say likely) probably limited to their strata. Normal businesses are by nature not in the business of making these sorts of gambles at a scale to which it starts paying off.)
- asdfjlkasdf88 10y ago> steadily replacing democratically-governed public services That's exactly what politicians and wealthy are calling for, very plainly and in the open. Not JUST VC's calling the shots, but the wealthy elite in general. They own all the IP, we focus on making products they think will do best, we vote for their candidates... Welcome to the real world.
- eli_gottlieb 10y agoI realize. There's a solution I can propose, too. It starts with "s" and ends with "eizing the means of production".