News for hackers. Stuff that matters.

A comment on Can a worker-owned restaurant work. Parent comment

Re:Can a worker-owned restaurant work by peterashford on Monday August 28, 2023 @05:33PM (#37300669)
This is why Adam Smith hated rent seeking behaviour and I think its the biggest flaw in how we do capitalism: the wealthy create wealth by controlling stuff - especially natural monopolies like land, not by doing any actual work. It's parasitic.
[ Parent | on HN ]
Re:Can a worker-owned restaurant work by giraffe_lady on Monday August 28, 2023 @05:47PM (#37300813)
That's literally the capital in capitalism. There's not some other way to do capitalism that's not like that: it's inherent to the model and what you want is some other system.
[ Parent | on HN ]
Re:Can a worker-owned restaurant work by t-writescode on Tuesday August 29, 2023 @02:17AM (#37304062)
How about rent control?
[ Parent | on HN ]