Ultragigagigantic@lemmy.world to Lemmy Shitpost@lemmy.world · 5 months agoThomas Edison was the Elon musk of his eralemmy.worldimagemessage-square129fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1imageThomas Edison was the Elon musk of his eralemmy.worldUltragigagigantic@lemmy.world to Lemmy Shitpost@lemmy.world · 5 months agomessage-square129fedilinkfile-text
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up0·5 months agoOk. Show me how we collectively invest in R&D without IP and build a car company without profits. Aaaaannnnd go!
minus-squaredaltotron@lemmy.worldlinkfedilinkarrow-up0·5 months ago Show me how we collectively invest in R&D without IP and build a car company without profits. https://en.wikipedia.org/wiki/Soviet_space_program https://en.wikipedia.org/wiki/Global_Positioning_System https://en.wikipedia.org/wiki/History_of_the_Internet https://en.wikipedia.org/wiki/History_of_nuclear_power Oh look! Government investment!
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up0·5 months agoNo government can exist without surpluses generated by the population. There have never been surpluses, except maybe in a few golden areas of abundant rain, without some form of trade and profit i.e. capitalism
minus-squarePotatoesFall@discuss.tchncs.delinkfedilinkarrow-up0·5 months agoinvestment into worker owned companies is possible. Buying stocks is not the only way to invest and make profit.
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up0·5 months agoIf nobody has profits, what is there to invest?
minus-squarePotatoesFall@discuss.tchncs.delinkfedilinkarrow-up0·5 months agoYou can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up0·5 months agoLoan what? Banks can only work if someone has already made a profit that they can invest.
Ok. Show me how we collectively invest in R&D without IP and build a car company without profits.
Aaaaannnnd go!
https://en.wikipedia.org/wiki/Soviet_space_program https://en.wikipedia.org/wiki/Global_Positioning_System https://en.wikipedia.org/wiki/History_of_the_Internet https://en.wikipedia.org/wiki/History_of_nuclear_power
Oh look! Government investment!
No government can exist without surpluses generated by the population. There have never been surpluses, except maybe in a few golden areas of abundant rain, without some form of trade and profit i.e. capitalism
investment into worker owned companies is possible. Buying stocks is not the only way to invest and make profit.
If nobody has profits, what is there to invest?
You can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
Loan what? Banks can only work if someone has already made a profit that they can invest.