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We can collect money from average citizens and create the new ventures that way, [with them as the shareholders]. But people rather spend money on a vacation than on a company.
There would be no need for billionaires if average citizens were willing to risk their money.
Downvoters, from where should the money come?
Fuck you, that's why.
Accusing workers from taking vacations is an absolute abominable bullshit only ghouls would ever spread.
So to get a real answer:
Fuck capital, it doesn't do shit. People improve technology, and they need resources for that. Simple as.
So EU should dedicate more resources to research and development of technology it can't survive without. Lessen the dependancy on China and US.
Specially open software, that investment will bring back tenfold more growth very quickly. Don't need many resources for that, just feed people.
I know less about hardware, but semiconductors are in everything, so we all need to stop producing products with them, as well as having more producers, so you can have ethical and ecological lifecycle.
Again: we don't need european Torment Nexus
The guy you're replying to is the typical parasite that would thrive in Dubai or the US because there, empathy is a disadvantage, not a basic human condition.
We need a common tax code in the EU that taxes profits progressively for companies to have incentives to re-invest in R&D. It needs to have allowances per capita for domestic production and workers so we reduce capital outflow and we need to make stock buybacks illegal. The way it's set up today, it's just a massive capital vacuum that extracts it from people and transfers it to stockholders.
I am arguing that the people have to be the stockholders so that the profits stay with the people. That is the opposite of what capitalists do. How have you understood my comment that you think I am a parasite?
Thank you.
In my defence, I wrote spending on vacation, not taking vacations. It doesn't cost extra money to relax at home. In my opinion, that's the easiest way to save money.
Yes
That won't happen on its own. Like investing, people don't vote in their best interest.
The EU and all public institutions could shift to the Fediverse for free. There is a server but no commitment. All news reference X.
That's the question. Who brings the money? It will take 4 years minimum to vote for enough good politicians in the EU. People could start a new company on Monday.
Best of all, the money would not be gone but people would own companies.