4 ms·
You're right, the solution is getting rid of swathes of intellectual property legislation, not adding more.
by post-it 6mo ago
You're right, the solution is getting rid of swathes of intellectual property legislation, not adding more.
- kube-system 6mo agoThat's a double edged sword. Investors demand a return regardless of what IP law is. They'll invest in the companies that find some way to protect their investment -- NDAs, stronger technical protections, services-models, etc.
- QuantumFunnel 6mo agoMaybe it's time the economy shifts from having to prioritize the investors for everything
- kube-system 6mo agoYou don't have to prioritize them. You can choose to encourage the rich to hoard their money elsewhere. But there are consequences to every policy decision.
- post-it 6mo agoThe rich don't have money, they have assets, and those assets can't go anywhere. It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada.
- kube-system 6mo ago> The rich don't have money, they have assets Yeah, we're talking about the same thing.... the word for a rich person who exchanges their cash for non-cash assets is "investor"
- cucumber3732842 6mo ago> It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada. Have we learned nothing from what happened to the US's industrial economy. If you turn the farm into an obviously poor investment it'll go tits up because neither wall street nor main street is dumb enough to invest money into a losing proposition.
- cindyllm 6mo ago[dead]
- throwaway173738 6mo agoWe got rich by not prioritizing the needs of investors in the first place. Maybe we need to start prioritizing the needs of the larger society again.
- kube-system 6mo agoYou certainly don't need economic investment to become "rich" in culture, enlightenment, or humanity, for sure. And there is value to that. However, financiers played an indisputable role in the current state of economic wealth in today's world.
- alexashka 6mo agoIndisputable role in economic precarity, more commonly known as wage slavery.
- kube-system 6mo agoEconomic uncertainty is negatively correlated with market capitalization per capita.
- alexashka 6mo agoSlavery is positively correlated with market capitalization per capita.
- kube-system 6mo agoIt is not.
- alexashka 6mo agoIt is. Good talk.
- 6mo ago