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dsjoerg | 3 months ago

i ask "what details does the piece offer about how to make the proposed alternative happen?"

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i'm told "Almost none.

The only concrete mechanisms mentioned are:

Founding worker-owned cooperatives instead of equity-based startups.

Raising capital as loans rather than selling equity.

“Creative ways to solve the political problem of capitalists’ monopoly on capital.” This is referenced but not elaborated.

No operational steps, no policy proposals, no institutional models, no financing frameworks, no examples of working co-op ecosystems, no strategy for scaling co-ops, and no plan to change investor incentives."

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Dear author, please come back with more specific recommendations. I'm curious what you think early stage startup founders and funders should be doing instead of what they're currently doing. I think you want founders and funders to effectively make massively unilateral economic concessions to early employees, since they are "labor". And then you want those early employees to in turn make massive unilateral concessions to later employees because those are "labor" too.

But what about the rest of labor in society?

Why not instead have massive tax rates on the gains, so that all of society's labor can get in on the fruits, rather than the startups relatively few employees?

discuss

order

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