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"Society" doesn't create businesses, individuals do.
by brigadier132 2y ago
"Society" doesn't create businesses, individuals do.
- sgarland 2y agoAnd what supports those individuals? Society, with its shared costs for necessary infrastructure, education, EMS… To your point, though, that’s also incorrect. Worker cooperatives exist, the best-known examples in the U.S. perhaps being Rural Electric Membership Cooperatives. The name is a bit of a misnomer these days, as even large suburbs are often on an REMC’s grid. REMCs were created because individuals didn’t see profit in running infrastructure to rural areas with low population density, so society decided to do so.
- brigadier132 2y ago> And what supports those individuals? Society You are missing my point which is that you will not get individuals to act against their own self interest. So all this talk about what businesses "should" do is beside the point. The classic example of this is price controls, the government mandates that food can only be sold for $X but it costs $X+1 to produce it and get it on shelves. People stop producing food because it's stupid to work for negative money and then you get food shortages and starvation. Here's another funny one, I'm starting a business and when I was in the ideation phase I decided against building an education or healthcare related business despite having some pretty interesting ideas in those spaces and I'm instead building a company in the entertainment space. Why? Because people ironically are more happy to spend money on entertainment than healthcare or education and there are fewer regulations in place.