News for hackers. Stuff that matters.
Re:Billionaires Build by bccdee on Saturday December 05, 2020 @10:57AM (#25315443)
> Nothing is stopping anyone from starting a competing business, and offering a better deal to the workers.

Nothing except not having the capital to do it.

> There's no objective way to say how much "work" is worth

Fortunately I explicitly said at the beginning that my argument wasn't going to involve talking about the value of work at all.

> everyone would just reject his founding

Literally every country up until that point except perhaps Athens had been a dictatorship of some sort. Democracy doesn't just happen -- you have to make it happen. There was no presupposition that everyone should have equal rights before then; that was the innovation of it. There's no reason why that same innovation couldn't be extended into industry.

> Anyone can start a business on a different principle

And anyone can start a country on a different principle. But you have to have a lot of resources to do so, and unless you found it on equality, it'll be terrible for most of the inhabitants. So, given that we have a government to regulate society, I see no reason to let people found businesses based on principles which will lead to such gross wealth inequality.

There are no comments on this comment yet.