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Re:Citing revenue declines, Airbnb cuts 25% of workforce by 9nGQluzmnq3M on Tuesday May 05, 2020 @09:01PM (#23086898)
> Nobody is stopping you from owning a factory

Seriously? Should they eat cake as well?

https://en.wikipedia.org/wiki/Let_them_eat_cake

Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Tuesday May 05, 2020 @10:02PM (#23087246)
Seriously, who's stopping you? It's ironic to say that on HN when YC has helped launch thousands of companies and several self-made billionaires.

The ability to hire and fire fast is undeniably helpful for companies, and being able to quit and move to new jobs is just as useful for personal career development. It might not be for everyone, but it's not any less valid.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by adrianN on Wednesday May 06, 2020 @01:36AM (#23088168)
The typical member of the precariat doesn't have the financial means of taking an unpaid sick day. How on earth do you imagine that they have the means of starting their own company?
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:43AM (#23088200)
The discussion was about at-will employment in America. There are pros/cons to both employee and employer, and it is an absolute truth that this arrangement helps companies grow and helps employees eventually start their own companies - as opposed to different regulatory environments.

Adding more regulations will bring equivalent trade-offs because that's the reality of economics. Do you disagree?

If you want to get bogged down in technicalities and anecdotes though, then sure life isn't fair. I worked manual labor before and now own multiple properties. I guess it's just magic.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by slumpt_ on Wednesday May 06, 2020 @03:43AM (#23088747)
No one suggested it was magic. What it often is - statistically - is socioeconomics. It’s more or less the single best predictor of outcomes for you and yours.

There are outliers, but we’re talking about broad systemic patterns.

You evidently went to an okay UC - you probably had supportive parents. Be it emotional or financial support. Perhaps both! Perhaps your family life was reasonably stable. Perhaps you had three square meals most of your youth.

The point is that you are in a position to access capital that is markedly different from a lot of individuals born into lower socioeconomics striations in society and the statistics are weighed :heavily: against them.

This is often through no fault of their own.

Thank your lucky stars the world aligned for you as it did. Where and with whom you started that life made a far bigger difference than any perceived grit you might think you exercised.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by ryandrake on Wednesday May 06, 2020 @01:41AM (#23088191)
Let me just go find a cash machine and withdraw the $X million needed to buy me a factory. Nobody’s stopping me!
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:44AM (#23088203)
That's called venture capital, or a loan, or a mortgage; things that millions of others have used to start their own businesses. Happy to make some intro's for you. Let me know.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by LunaSea on Wednesday May 06, 2020 @07:02AM (#23089644)
Loans with no collateral ... right.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @12:52PM (#23093315)
Sometimes. Or you give up equity. Or secure it some other way. What's your point? That it's hard to do?
Re:Citing revenue declines, Airbnb cuts 25% of workforce by LunaSea on Wednesday May 06, 2020 @05:18PM (#23096434)
That you can't get a loan when you don't have collateral which is the case when you are not already wealthy.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Thursday May 07, 2020 @01:06AM (#23099912)
Then get a job and save up some collateral. That's how many people start. This is really not that complicated.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by LunaSea on Thursday May 07, 2020 @08:37AM (#23102248)
But that's not always possible when you don't have a good enough job to save which is the reality for a majority of Americans since they live pacheck to paycheck.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by adrianN on Wednesday May 06, 2020 @01:35AM (#23088163)
All it takes is a small loan of a million dollars.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:38AM (#23088173)
Sure, because nobody has ever taken a loan to start a business before. And VC funding doesn't exist. And mortgages are a falsehood. And companies are never bootstrapped either.

I guess eventually owning a factory is just impossible right?

Re:Citing revenue declines, Airbnb cuts 25% of workforce by adrianN on Wednesday May 06, 2020 @01:45AM (#23088213)
Yeah and I could become a rock star if I started playing the guitar.

Getting loans is hard, especially if you're one of the working poor. Starting a company that doesn't die after a few years is harder. When you're one of the 40% of Americans who can't cover an unexpected $400 expense, if you company fails you're fucked. The social safety net in the US is a joke.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:50AM (#23088231)
Yes, it's a trade-off. Less regulation and more freedom and flexibility at the cost of more social risk and personal responsibility. That's the American way.

I was simply stating that truth, not defending it nor saying other realities can't exist. But there is always a trade-off. What part of that is so controversial?

Perhaps things have changed and the balance needs to be shifted now. That's a great discussion to have, but let's actually have a discussion then.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by kharak on Wednesday May 06, 2020 @03:28AM (#23088668)
You meant more freedom for those who are in a powerful enough position to take advantage of it.

That the other side of the coin is misery for those, who have not the means to exercise these freedoms, that is the problem your comments ignore.

There is always theoretical freedom and practical (real) freedom. It is not evident, that the USA offers more freedom to the average person.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @05:03AM (#23089121)
It is easier to start and grow a business when there are less regulations around employees. Every employee in America is also free to walk away from their job without any notice. These are both facts and have allowed for vast commercial growth and innovation in America (and in countries with similar setups).

Whether you (can) take advantage is completely orthogonal to the original question of why the USA is "an aberration in this regard", and I would rather not devolve into yet another rehash about fairness and opportunity.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by disiplus on Wednesday May 06, 2020 @06:30AM (#23089472)
maybe the reason why so many want to start they own business is because u can get fired for no reason. being it's own boss gives you at least the freedom to not always live in fear of being fired if you do something that the company does not want, like getting pregnant, i have read enough stores of companies firing pregnant women and i cannot believe it's legal to happen.

in europe at least that part is gone, you start your own company not out of necessity but out of motivation.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:27PM (#23093796)
Do you think it's easier to start a company and that is has less risk than just finding another job? Also have you seen the world-leading benefits at places like Google?

America just chooses more freedom than government mandated security. There's some slight trade-off but it is nowhere near as problematic as media makes it seem.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by adrianN on Wednesday May 06, 2020 @02:15AM (#23088323)
"Just buy your own factory" as a response to the power imbalance between the workers and the owners of the means of production is the controversial statement.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @03:17AM (#23088615)
The actual quote is "nobody is stopping you" - because that imbalance means it's easier for you to also own the means of production. It's unequivocally true, and enjoyed by 10s of millions of small business owners and entrepreneurs which form the heart of the American middle class. It answers the why posed by the GP.

But yes, different places are different and life isn't fair. No need to cutoff any discussion of various economic systems and environments for the same basic retorts.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by adrianN on Wednesday May 06, 2020 @03:40AM (#23088733)
No, the imbalance doesn't make it easier for you to own the means of production at all. On the contrary, it allows for systemic exploitation that makes social mobility harder and increases the wealth imbalance over time.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by CapricornNoble on Wednesday May 06, 2020 @04:50AM (#23089062)
Depending on your target industry, "a factory" can be as simple as some old yet reliable drill presses and lathes, and then hiring a machinist or two. How is the flexibility to do this "controversial"?

https://youtu.be/xXze8_SzW28?t=431 <---Granted he's got Youtuber money and other gun-sales related money to help, but the concept is the same....he's bootstrapping a factory after purchasing the relevant capital infrastructure using his own money.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by jpdb on Wednesday May 06, 2020 @07:35AM (#23089823)
> Granted he's got Youtuber money and other gun-sales related money to help

This is the difference. Most Americans don't have access to this capital, or access to means of borrowing this capital, and if they do have the means then they might not necessarily be able to shoulder the risk.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by CapricornNoble on Wednesday May 06, 2020 @08:25AM (#23090155)
It's not like the capital just fell into his lap from a friendly Wall Street banker. Those businesses are ALSO self-started (to the best of my knowledge), especially his Youtube success. He's a prime example of someone working hard, spending less than they earn, accumulating resources, and then expanding that into ownership of the means of production as well as employing others.

It's not for everyone. Sure, most people have no appetite for the level of risk involved even if they can scrape together the money to buy some revenue-generating asset (I know a guy who left the Marine Corps as a truck driver...moved back to Japan, bought a truck, and then opened a moving company). Most people don't have access to capital....nor will most people ever have the intellect to write tight software code, no matter how many government-backed Code Bootcamp Initiatives there are.

To bring this back to the original point though, telling someone to bootstrap a factory, which is demonstrably doable in the American economy even today (for flexible definitions of "factory"), shouldn't ever be a "controversial" piece of advice. Especially on an pro-entrepreneurship site like YC/HN.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by LunaSea on Wednesday May 06, 2020 @07:01AM (#23089639)
How do you get a big loan without collateral?

VCs might be interested in your app but not in a random bakery which is also a business of a type that is probably more common.

Also VCs take a share which makes them the owner as well but oh well.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:31PM (#23093852)
You don't. You start small and work you way up while offering whatever collateral you can until you get that big loan. Save up earnings and use a downpayment or buy insurance. That's how business growth works.

There are 10s of millions of business owners in America. Ask any of them how they did it.

Re:Citing revenue declines, Airbnb cuts 25% of workforce by SirHound on Wednesday May 06, 2020 @03:39AM (#23088724)
I would sincerely love to live in the bubble you do.
Re:Citing revenue declines, Airbnb cuts 25% of workforce by manigandham on Wednesday May 06, 2020 @01:15PM (#23093638)
It would better to not assume someone's background first.