[varispeed]

> functioning angel and VC culture

This is an extraction model where the rich use capital to extract more capital from the aspiring poor. That should be banned.

The "angels" (what a narcissist term anyway!) should be taxed on excess capital, so they don't engage in king making and gambling.

[Urahandystar]

An aspiring poor is better than a poor thats given up hope. The VC model only extracts capital if the potential is reached. If not then the business is at least keeping people off benefits while they try. Heavy taxation and then increasing the civil service to absorb job losses just leads to a bloated stagnant economy.