Re:Make elites compete: Why the 1% earn so much and what to ...
by lisivka on Saturday March 26, 2016 @05:38AM
(#11365039)
You can hire these millions of people and they will work for you. Just provide better terms than Koch, so you will be wealthy and we will have better salary.
[ Parent
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Re:Make elites compete: Why the 1% earn so much and what to ...
by kuschku on Saturday March 26, 2016 @05:43AM
(#11365049)
But you can't, because you require a starting capital and you'll have to compete with them in an unfairly titled market.
If the market was actually fair, it would be a lot easier to do a startup or a small company and start competing.
Re:Make elites compete: Why the 1% earn so much and what to ...
by WalterBright on Saturday March 26, 2016 @05:50AM
(#11365061)
The capital markets exist to provide capital in large quantities to new companies that have a compelling business plan for making money. Consider all the investors looking under every rock for "the next big thing".
Re:Make elites compete: Why the 1% earn so much and what to ...
by kuschku on Saturday March 26, 2016 @07:44AM
(#11365304)
Eh, using the capital markets to start your company will make sure that yours will be just as investor-oriented and bad as every competitor.
I was thinking more along the lines of ALDI, which never took a loan or credit, and was started by the two brothers taking over a tiny store from their father, and later expanding into a global chain.
Re:Make elites compete: Why the 1% earn so much and what to ...
by JetSpiegel on Saturday March 26, 2016 @06:25AM
(#11365145)
The Koch won't fund a direct competitor, so there goes your access to capital markets.
Re:Make elites compete: Why the 1% earn so much and what to ...
by WalterBright on Saturday March 26, 2016 @07:38AM
(#11365292)
I had no idea that Koch controlled all investors worldwide :-)
Re:Make elites compete: Why the 1% earn so much and what to ...
by ownagefool on Saturday March 26, 2016 @09:19AM
(#11365561)
Your typical investor isn't going to invest in "What Koch provides but less profit margin". Rather, they'd just invest in what Koch provides.
Re:Make elites compete: Why the 1% earn so much and what to ...
by WalterBright on Saturday March 26, 2016 @07:28PM
(#11367990)
I didn't know that every business on or off the stock exchange was managed by Koch. I'm a bit surprised that Koch owns my business, too.