My question is always: so if me and 10 other people have a great idea for a business, where does the money to start it come from? Most businesses take years to turn a profit, so in this collective, are we all just pouring in our savings until it takes off?
What if we all bust ass for 3 years, never getting paid because we’re building the product, we launch and start getting orders, and find that we’re getting a lot more orders than we expected, so we hire / bunch of people to help fulfill orders. Do those new hires all get an equal share, even though they weren’t there for the 3 years of unpaid R&D? Do they have to contribute money when they get hired for the share of the building that the rest of us already own?
I’m all for workers rights, and workers standing together collectively to get fair wages and working conditions, but when people say “workers should own the means of production”, they can never seem to explain how that would actually work.
That would be an improvement actually, because the customers of these companies are not users, they are other companies looking to advertise or buy users personal data. The users of for profit social media are in fact the product, not the customers.
You skipped over the part where he says “You think I own this business? You think I own IKEA?” implying he would care if he actually had any skin in the game which he would if his job operated as a worker co-op.
Capitalism is a system of capital accumulation with the people who own the means of production hiring workers to operate them. Co-ops are a market economy, but they’re demonstrably not capitalism because capital is distributed fairly amongst the workers doing the work. Learn the difference between markets and capitalism.
As if workers give a shit about customers.
They do when they work in a cooperative and have a stake in the business being successful.
My question is always: so if me and 10 other people have a great idea for a business, where does the money to start it come from? Most businesses take years to turn a profit, so in this collective, are we all just pouring in our savings until it takes off?
What if we all bust ass for 3 years, never getting paid because we’re building the product, we launch and start getting orders, and find that we’re getting a lot more orders than we expected, so we hire / bunch of people to help fulfill orders. Do those new hires all get an equal share, even though they weren’t there for the 3 years of unpaid R&D? Do they have to contribute money when they get hired for the share of the building that the rest of us already own?
I’m all for workers rights, and workers standing together collectively to get fair wages and working conditions, but when people say “workers should own the means of production”, they can never seem to explain how that would actually work.
Simply, the central bank can play the role of a VC where people with great ideas apply for loans or grants.
That would be an improvement actually, because the customers of these companies are not users, they are other companies looking to advertise or buy users personal data. The users of for profit social media are in fact the product, not the customers.
Great counterpoint. This is what Reddit has been missing for the last 6-8 years: actual thought instead of regurgitation.
I’m reminded by that guy on TikTok
“You just lost a customer”
“Good”
You skipped over the part where he says “You think I own this business? You think I own IKEA?” implying he would care if he actually had any skin in the game which he would if his job operated as a worker co-op.
Co-ops are still capitalism.
Capitalism is a system of capital accumulation with the people who own the means of production hiring workers to operate them. Co-ops are a market economy, but they’re demonstrably not capitalism because capital is distributed fairly amongst the workers doing the work. Learn the difference between markets and capitalism.