News for hackers. Stuff that matters.
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.
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.