Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
People create things all the time without a profit motive. Assuming they have a good safety net behind them that allows them to start up there ideas people will create. Case in point the app were on right now, it's developed open source with no profit motive, no stocks, no company. It's built by a bunch of hardline communist who believe in an open social network.
There are credit unions that function as co-ops with no stock ownership
Co-ops can have collateral just like any other business, property of a store or factory, stock ( in the product sense ) etc. Yeah we wouldn't have silicon valley with vcs betting millions on unproven tech, but do we really need that?
Also this is all assuming there's no state involvement or planning. The state has a great credit line that it can use to backstop loans for small cooperative enterprises or just create the enterprises itself, eg. City run grocery stores like zohrans been pitching.
But why would people take loans out to start businesses if there’s no way to pay the loan back? Where is any profit from the business going?
Without ownership of a company there’s no reason for anyone to start a company and take on all the risk.
aLl ThE rIsK
The owners are risking their fuck-around money. The workers are risking their shelter.
You think everyone that starts a business are rich already?
The people taking the risk by starting the company are the ones risking everything, not the employees that they hire lol
"Rich" is a relative term. But nobody starts a business when their basic needs aren't already met, because they literally wouldn't be able to. That inherently makes them richer than the job seekers.
People start businesses all the time when their “basic needs aren’t met” because they need to earn money to be able to meet their basic needs.