3 ms·
>It isn't implying that they owned the mine That's what "venture funding" is, by definition. >It isn't implying that they owned the mine or were able to build
by schiffern 3y ago
>It isn't implying that they owned the mine
That's what "venture funding" is, by definition.
>It isn't implying that they owned the mine or were able to build their businesses from the gains from the mining
It isn't clear why this distinction should matter, ethically speaking.
- atlasunshrugged 3y agoThey own equity in a company that owns part of the mine, they don't own it outright. On your second point, I thought the whole complaint from people about Elon was that he wasn't actually "self-made" because he benefitted from the gains of the mine and had a privileged upbringing. If you just think owning mines in general is unethical, I'm really not sure what to say.
- schiffern 3y ago> They own equity in a company that owns part of the mine, they don't own it outright. Of course, but it's a distinction without a difference. >the whole complaint from people about Elon was that he wasn't actually "self-made" because he benefitted from the gains of the mine and had a privileged upbringing. Yep. Not only is this claim factually false, but (as you point out) it doesn't make any sense because there isn't any inherent ethical problem with mining.