3 ms·
You know, software engineers at FAANG earn enough money after a few years that 10 of them could seed a nice capital base for a startup. Yet they don't do that e
by thworp 4y ago
You know, software engineers at FAANG earn enough money after a few years that 10 of them could seed a nice capital base for a startup. Yet they don't do that en masse, preferring instead to take (and risk!) investor's money instead of their own. All the while pulling a regular salary regardless of the company's financial health.
It might be that outside of Marx's text that were already dubious in the 1800s people know that "surplus value" is a BS one-dimensional concept that totally disregards time-value, risk appetite and a preferrence for stable income vs moon-shots.