3 ms·
> It might be closer to slavery as commonly understood, but it's pretty far away from slavery as practiced. Slavery as practiced looked quite distinct in diffe
by bzbarsky 7y ago
> It might be closer to slavery as commonly understood, but it's pretty far away from slavery as practiced.
Slavery as practiced looked quite distinct in different places and different time periods. But yes, it was rare to claim 100% of the work product because then the slaves would starve.
> If equity financing happens at all, they will be, as conditions of the initial "loan".
Like I said, as far as I can tell equity financing has been happening for almost 10 years in the UK, without such conditions.