teft's transporter clone@sh.itjust.works to Risa@startrek.websiteEnglish · 1 year agoRemember Sean Aloysius O'Brien on this auspicious day. Happy Labor Day!sh.itjust.worksimagemessage-square26fedilinkarrow-up1279arrow-down17
arrow-up1272arrow-down1imageRemember Sean Aloysius O'Brien on this auspicious day. Happy Labor Day!sh.itjust.worksteft's transporter clone@sh.itjust.works to Risa@startrek.websiteEnglish · 1 year agomessage-square26fedilink
minus-squaresmollittlefrog@lemdro.idlinkfedilinkEnglisharrow-up2arrow-down1·1 year agoMany projects take a long time to become profitable. The workers would starve until then. Because of that, they need to borrow wealth to be able to keep working on the project until it becomes profitable. The concept of lending wealth is therefore necessary. Noone is gonna accept the risk of lending out wealth unless they expect some gain, some profit. Therefore the workers promise to not only repay the lent wealth but to also pay on top of that, perhaps a share of the project’s profit. Hence the concept of profitable investment is necessary.
minus-squareSlikPikker@lemmy.calinkfedilinkEnglisharrow-up3·1 year agoThey don’t starve if food production is turned to the goal of feeding humans. You think entirely too small. Humans made Capitalism, and we can unmake it.
Many projects take a long time to become profitable. The workers would starve until then.
Because of that, they need to borrow wealth to be able to keep working on the project until it becomes profitable.
The concept of lending wealth is therefore necessary.
Noone is gonna accept the risk of lending out wealth unless they expect some gain, some profit.
Therefore the workers promise to not only repay the lent wealth but to also pay on top of that, perhaps a share of the project’s profit.
Hence the concept of profitable investment is necessary.
They don’t starve if food production is turned to the goal of feeding humans.
You think entirely too small.
Humans made Capitalism, and we can unmake it.