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When the simple majority of Americans are priced out of this kind of care from bloated profit margins how does that differ substantively from a lack of vacancie
by forgetfreeman 3y ago
When the simple majority of Americans are priced out of this kind of care from bloated profit margins how does that differ substantively from a lack of vacancies? While you're grappling with that here's another one: Mondragon and it's constellation of affiliate co-ops rather soundly puts the lie to the notion that profit motive is the sole driver of human activity. Apparently the world isn't entirely populated by sociopaths so it's still possible to get shit done without making a handful of individuals grotesquely wealthy in the process.
- missedthecue 3y agoMondragon is absolutely a for-profit, money-motiviated firm. It doesn't do things for free. The difference is that the shareholders are the employees rather than investors. There is nothing illegal about starting a co-op, but in practice they are quite difficult because of the capital needed up front to start a business. That is to say, it's much easier to ask a VC for $5 million in series A funding than it is for the 10 devs running the thing to put up $500,000 each of their own money.
- forgetfreeman 3y agoYou're pretending financial institutions don't exist (business loans are absolutely a thing) and that all forms of profit-taking are ethically equivalent. What, exactly, are you stanning here?