investment into worker owned companies is possible. Buying stocks is not the only way to invest and make profit.
Comment on Thomas Edison was the Elon musk of his era
RestrictedAccount@lemmy.world 7 months agoOk. Show me how we collectively invest in R&D without IP and build a car company without profits.
Aaaaannnnd go!
PotatoesFall@discuss.tchncs.de 7 months ago
RestrictedAccount@lemmy.world 7 months ago
If nobody has profits, what is there to invest?
PotatoesFall@discuss.tchncs.de 7 months ago
You can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
RestrictedAccount@lemmy.world 7 months ago
Loan what? Banks can only work if someone has already made a profit that they can invest.
daltotron@lemmy.world 7 months ago
en.wikipedia.org/wiki/Soviet_space_program en.wikipedia.org/wiki/Global_Positioning_System en.wikipedia.org/wiki/History_of_the_Internet en.wikipedia.org/wiki/History_of_nuclear_power
Oh look! Government investment!
RestrictedAccount@lemmy.world 7 months ago
No government can exist without surpluses generated by the population. There have never been surpluses, except maybe in a few golden areas of abundant rain, without some form of trade and profit i.e. capitalism