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I don't want that capital though. All it's doing is ossifying the power structures that are the cause of the major problems we are facing. It's a trap.
by rorykoehler 6y ago
I don't want that capital though. All it's doing is ossifying the power structures that are the cause of the major problems we are facing. It's a trap.
- andrepd 6y agoIndeed. Who are these people, why do they get to decide what gets built and what do people labour on? I want democratisation of capital.
- closeparen 6y agoSure, democratize capital. Then it will be decided by a few thousand voters in swing states, with “who are you and why should you get to decide” problems that put VC to shame. A lot of VC capital is democratized: an elected official appointed a pension fund manager who decided to allocate some funds to a particular VC firm.
- andrepd 6y agoWho said anything about swing states, and how is an opaque political appointment a democratic way to decide anything?