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Anyone else think it is ironic that he quotes Marx in a capitalist "pig" column on a website that thrives in a darwinian startup culture?

by aginn 14y ago

nickpinkston 14y ago
All capitalists want Marxism - to stage their own revolt in an old industry and wind up on top as dictator of their own little command economy. We aren't so different, you and I...
- icandoitbetter 14y ago
  Yeah, that's exactly what Marx advocates.
  - nickpinkston 14y ago
    Soviets were designed as self-governing co-ops - which is similar incentives to a startup with widely held equity right? It's not fully the same of course, but the views aren't so different in their aims.
    - _delirium 14y ago
      The closest parallel to an equity structure would probably be to the employee-owned cooperative firms that exist in some jurisdictions. A crucial difference from startups is that equity is not tradable, not available to non-working investors, and cannot be taken with you if you leave the firm. Rather than owning securitized shares, you definitionally are entitled to a share of profits while working at the company; and everyone is entitled to the same share. So, for example, if there are 10,000 employees, you have a 1/10,000 claim on any dividends. If you leave the company, you no longer own shares. And there is no way to buy shares; cooperatives will generally only accept investment on bond or loan-like terms, not equity terms.
      - nickpinkston 14y ago
        Sure, it's not as flexible, especially the totalitarian systems, though co-ops aren't as simply structured in their mature forms. Look up "Mondragon" for what a modern form of distributist co-ops look like. Not the same share of profits, equity investment is the rule (limited to workers or co-op friendly orgs), and there are many other interesting aspects.
- antihero 14y ago
  Yes because winning in an economy for personal success is the same as changing a system in order to benefit everyone...
eragnew 14y ago
what the hell do these phrases mean? especially in regard to the article above? -> capitalist "pig" column -> darwinian startup culture are you sure you're not projecting your own beliefs onto the article? just sayin'

Anyone else think it is ironic that he quotes Marx in a capitalist "pig" column on a website that thrives in a darwinian startup culture?

by aginn 14y ago

Anyone else think it is ironic that he quotes Marx in a capitalist "pig" column on a website that thrives in a darwinian startup culture?

nickpinkston 14y ago

All capitalists want Marxism - to stage their own revolt in an old industry and wind up on top as dictator of their own little command economy. We aren't so different, you and I...

icandoitbetter 14y ago
Yeah, that's exactly what Marx advocates.
- nickpinkston 14y ago
  Soviets were designed as self-governing co-ops - which is similar incentives to a startup with widely held equity right? It's not fully the same of course, but the views aren't so different in their aims.
  - _delirium 14y ago
    The closest parallel to an equity structure would probably be to the employee-owned cooperative firms that exist in some jurisdictions. A crucial difference from startups is that equity is not tradable, not available to non-working investors, and cannot be taken with you if you leave the firm. Rather than owning securitized shares, you definitionally are entitled to a share of profits while working at the company; and everyone is entitled to the same share. So, for example, if there are 10,000 employees, you have a 1/10,000 claim on any dividends. If you leave the company, you no longer own shares. And there is no way to buy shares; cooperatives will generally only accept investment on bond or loan-like terms, not equity terms.
    - nickpinkston 14y ago
      Sure, it's not as flexible, especially the totalitarian systems, though co-ops aren't as simply structured in their mature forms. Look up "Mondragon" for what a modern form of distributist co-ops look like. Not the same share of profits, equity investment is the rule (limited to workers or co-op friendly orgs), and there are many other interesting aspects.
antihero 14y ago
Yes because winning in an economy for personal success is the same as changing a system in order to benefit everyone...

eragnew 14y ago

what the hell do these phrases mean? especially in regard to the article above? -> capitalist "pig" column -> darwinian startup culture are you sure you're not projecting your own beliefs onto the article? just sayin'