5 ms·
> The system doesn't force anyone to make a profit. If you borrow capital from people, your investors may demand a profit. But that's between you and your inves
by ianleeclark 7y ago
> The system doesn't force anyone to make a profit. If you borrow capital from people, your investors may demand a profit. But that's between you and your investors. Nobody is forcing you to take investment or sell equity in your company on the public markets.
If you want to just completely change the conversation, and hyperfocus on the individual, then you're free to do so, but I don't want to be brought along for the ride. You responded to a comment concerning Boeing, not some fresh-faced up-and-comer of your own creation.
- rayiner 7y agoWe're not talking about Boeing, we're talking about economic systems, with Boeing being an example. @jp555's comment addressed economic systems that "force no profits." @spamizbad then states "forcing profits is bad too," using Boeing as an example. My comment clarified that our system (in which Boeing exists) does not "force profits" (as distinguished from @jp555's example of a system that "forces no profits"). Our system allows profit-seeking companies as well as non-profit-seeking companies. The fact that Boeing feels compelled to earn a profit is a by-product of the financing arrangement by which Boeing was created. Nothing about our system would have prevented Boeing from having been founded as a non-profit.
- ianleeclark 7y agoThat's my bad, I did misread the chain.