How many banks have rejected your business proposal?
Comment on I'll give 100% when I work for a co-op that is equally owned by all the workers.
space_iio@sopuli.xyz 1 day agoFunding is stopping me. Lack of investment money to get started. Access to capital.
I don’t have the luxury to stop being an employee, even momentarily because I need the income
Tja@programming.dev 1 day ago
space_iio@sopuli.xyz 1 day ago
You seem to not understand the difference between an investment and a loan
I have applied to a few accelerator programs and haven’t gotten a response
One thing is to get money in exchange for ownership of the company and the other one is to get money that has to be paid back no matter what
Tja@programming.dev 23 hours ago
So you’re not willing to take any risk? Weird.
seadoo@lemmy.world 22 hours ago
It’s different kind of risk when failure means you may not eat or become homeless.
The rich do not incur that kind of risk when they engage in “entrepreneurial-ship”
space_iio@sopuli.xyz 9 hours ago
Yes I will take marginal amount of risk but no I won’t gamble everything
Some people get the opportunity to try things risk free, and others need to risk everything so if they fail the consequences are very negative
Brainsploosh@lemmy.world 1 day ago
Which is precisely the argument for why capitalists are needed, and thus warrant recompense (at the expense of the worker).
bdonvr@thelemmy.club 1 day ago
They’ve designed the system intentionally this way, to keep people dependant on them.
Brainsploosh@lemmy.world 1 day ago
Agreed. It’s very hard to beat the system from within. And their arguments only make sense within it.
Now if only there was a way to break the system… 🤔
SmilingSolaris@lemmy.world 1 day ago
That’s not a natural outcome. That’s an artificially created made up barrier. That does not justify capitalists. That shows how they have purposefully rigged the system to be reliant on them.
Spookyghost@sh.itjust.works 1 day ago
Systematically unfair system requires us to continue unchanged to the advantage of an incredibly small number dbags who own everything already, ‘cuz they have all the money to invest’. Good critical thought dude.
Brainsploosh@lemmy.world 1 day ago
Oh don’t get me wrong, it’s a thoroughly unjust system. That is just their argument for perpetuating it. (I could definitely have phrased it better)
And I also believe it’s rigged.
Which means that the only way to win is to break the rules, or play a different game, which sounds more ominous than intended. But I do believe we need to do away with capitalism, or the very least capitalists. Either the $1 billion “you win” cap, or just a wholly different way of economic organisation. Other options are available, but few are as civil.