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Are you actually advocating for socialism on a site centered around VC-funded tech companies that absolutely couldn’t exist in a socialist country? Awesome.
by zxd1098 9y ago
Are you actually advocating for socialism on a site centered around VC-funded tech companies that absolutely couldn’t exist in a socialist country? Awesome.
- taohansen 9y agoVC-backed companies do exist in socialist countries (i’m from Denmark). maybe it’s all time Hacker News readers did start arguing for socialism: self-obsession exists now in more abundance than ever and capitalism is doing everything it can to broaden the cloak of its dreadful shadow
- zxd1098 9y agoI guess my point is, the socialist movement in the USA seems to favor things like taxing income over 1MM USD at 90ish percent. At that point, what would possibly be the point of risking a 1MM investment to only make 10% if the company doubled in value?
- Saavedro 9y agoOur system is already structured in a way to incentivize actually reinvesting and doing stuff with that money instead of adding it to one's personal hoard -- think that but enough to actually be effective
- EliRivers 9y agoSocialism and unions aren't the same thing. You can have unions without socialism, and socialism without unions.