Not that I’m a proponent of capitalism as the default economic model (I’m very much not) but I dislike this particular argument because it misrepresent the function of capital.
Large projects require upfront investment that is beyond the means of individuals or even groups of individuals (e.g. 100 prospective tenants cannot afford to build and office building; you need someone able to front the equivalent of X years rental costs), and those investments need to be managed by specialists. Whether those specialists are independent or employed by a central governing body, you still need capital and you still need effective oversight to prevent corruption and exploitation.
What we need are guaranteed public offerings, with a rising baseline over time, that leave opportunity for capital investment in luxury upgrades. The guaranteed public offerings prevent gross exploitation by the capitalists, and the capital investments provide the innovation pressure and luxury offerings that incentivize those inclined to seek said luxuries without exploiting the public offering system to do it.
(a bunch of us are pretty sure they’re a bot, they’ve been doing this kind of insane word salad all over the place and none of it has made any more sense than this)
Well that’s just a contentless bait. I’ve never seen this, even in Reddit. True garbage for the ages. Goodbye, good sir. May you be remember’d as the shit’st troll of ever.
I keep thinking of one of the old videos I saw.
I was, like, holy shit, things are so much more complicated than I even realised, everything is based on some dumb suppositions or some shit.
Not that I’m a proponent of capitalism as the default economic model (I’m very much not) but I dislike this particular argument because it misrepresent the function of capital.
Large projects require upfront investment that is beyond the means of individuals or even groups of individuals (e.g. 100 prospective tenants cannot afford to build and office building; you need someone able to front the equivalent of X years rental costs), and those investments need to be managed by specialists. Whether those specialists are independent or employed by a central governing body, you still need capital and you still need effective oversight to prevent corruption and exploitation.
What we need are guaranteed public offerings, with a rising baseline over time, that leave opportunity for capital investment in luxury upgrades. The guaranteed public offerings prevent gross exploitation by the capitalists, and the capital investments provide the innovation pressure and luxury offerings that incentivize those inclined to seek said luxuries without exploiting the public offering system to do it.
Removed by mod
What
Removed by mod
What
(a bunch of us are pretty sure they’re a bot, they’ve been doing this kind of insane word salad all over the place and none of it has made any more sense than this)
I’m not spewing any kind of “insane word salad” here. I’m just questioning what you are doing.
So let me reiterate.
What
Mmmhmm.
Well that’s just a contentless bait. I’ve never seen this, even in Reddit. True garbage for the ages. Goodbye, good sir. May you be remember’d as the shit’st troll of ever.
Head on back to r/iamverysmart buddy, they are missing your vast intellect.
You are sick.