Re:Venture Capitalists Are Deforming Capitalism
by remram on Monday November 23, 2020 @02:11PM
(#25190442)
And North Korea is quite literally called the Democratic People's Republic of Korea. Are you surprised labels can be misguiding or outright lies?
Re:Venture Capitalists Are Deforming Capitalism
by disgruntledphd2 on Monday November 23, 2020 @12:56PM
(#25189523)
Yeah, structurally unprofitable companies are not capitalistic, as they do not facilitate the accumulation of capital.
There's a transfer of capital to service users and employees (and definitely executives), but this is dependent on the infusion of external capital (as the company does not produce enough capital to fund its own activities).
I feel like either I have gone crazy, or the world has.
okay.