My dream is to one day go to a garage sale and to find an original Apple Computer 1 for like $5. Not that that would ever happen ofc. But it’s fun to have unrealistic dreams too sometimes.
He does such a good job that word of his good service spreads and he wants to expand by buying a truck with a plow. But he doesn't have the money so he goes to a bank and borrows the money. He's able to expand his enterprise dramatically.
He's happy. His customers are happy. The bank is happy. Society is better off, isn't it? There are of course problems with capitalism which is where regulation comes in. But it isn't rotten to the core.
At the latest when he has a monopoly the company's services will deteriorate and the prices will rise. The customers won't be happy anymore. Also he will scatter so much salt on the roads that the ground water gets polluted. You see where I am going?
Of course it doesn't need to go this way but usually it does.
I owned a computer service company for five years. I never did any of the things that you mentioned. All of my customers were small businesses and they never did anything you mentioned. You seem to be basing your opinion on the 1%.
The more I think about it.. if the company is traded at the stock market and controlled by shareholders it cannot be good anymore because the optimization of revenue is the core of everything now.
And with good I mean that it doesn't have interests that improve anything for the human race or the people of some country as long as these interests don't also align with optimizing profits.
Since dollars are votes in capitalism, market cap is the more relevant metric.
Younger people shovel ways so the older people do not fall and get hurt.
One day, a few of those younger people have an idea and get their start from that community, who helps fund, perhaps some members sharing space, equipment, etc...
People would inevitably offer me more because they were worth more (examples: a very old TRS-80 or musicians who still used the Atari ST). More often than not, I declined. I was more interested in seeing them used and not interested in turning my hobby into a business. For the most part, everyone was happy.
>wave-laborer
These terms are mutually exclusive.
How so?
Remember the video of a group hunting a stash of ET Atari video games cartridges, that was an interesting video.
Sometimes when I’ve lost something and am looking for it, I think “what if it’s simply not here?”. Then I think, “it still likely exists, where is it?”