I was once asked to join a startup, and after a few chats I was ready to talk turkey. Then they sprung it on me that since there was no revenue yet, no one was making a wage. But my equity in the company would be correspondingly high.
I couldn’t do it. I had bills to pay. I was stunned that they thought I could do this, and I slowly realized that everyone else there was an ex-Googler and basically rich already.
So you see, I’ve been in the exact position you suggest your workers will jump at, and it does. not. work. People need to pay rent this month and can’t wait through a months long production chain and months long sales cycle all of which is full of risk. They need to get paid, for sure, not maybe, and now.
I’m not in here touting the glory of capitalism as if it’s a wonderful system. But I’m also not spouting pure fantasy bullshit about alternatives we can just switch to easy-peasy, because that’s a bunch of half-baked idealistic crap.
I have heard this several times throughout this thread that sure, capital is necessary in this system, but that’s just an artifact imposed by this system. Under another system you wouldn’t need it.
I’m still waiting to hear any system where startup costs are not a factor and people can work on a thing that does nothing to meet their short term needs.
Are we talking about a utopia where all human needs have already been eliminated by magical technology so we can simply wander where we will and work on enriching projects that strike our fancy?
To keep it focused: show me a system where you can get 200 people together to assemble phones with no capital at the outset.
I was once asked to join a startup, and after a few chats I was ready to talk turkey. Then they sprung it on me that since there was no revenue yet, no one was making a wage. But my equity in the company would be correspondingly high.
I couldn’t do it. I had bills to pay. I was stunned that they thought I could do this, and I slowly realized that everyone else there was an ex-Googler and basically rich already.
So you see, I’ve been in the exact position you suggest your workers will jump at, and it does. not. work. People need to pay rent this month and can’t wait through a months long production chain and months long sales cycle all of which is full of risk. They need to get paid, for sure, not maybe, and now.
I’m not in here touting the glory of capitalism as if it’s a wonderful system. But I’m also not spouting pure fantasy bullshit about alternatives we can just switch to easy-peasy, because that’s a bunch of half-baked idealistic crap.
Yeah I mean I know it doesn’t work under this economic system, but that’s kind of the point I was making
I have heard this several times throughout this thread that sure, capital is necessary in this system, but that’s just an artifact imposed by this system. Under another system you wouldn’t need it.
I’m still waiting to hear any system where startup costs are not a factor and people can work on a thing that does nothing to meet their short term needs.
Are we talking about a utopia where all human needs have already been eliminated by magical technology so we can simply wander where we will and work on enriching projects that strike our fancy?
To keep it focused: show me a system where you can get 200 people together to assemble phones with no capital at the outset.