this post was submitted on 09 Aug 2024
306 points (99.4% liked)
Space
8697 readers
46 users here now
Share & discuss informative content on: Astrophysics, Cosmology, Space Exploration, Planetary Science and Astrobiology.
Rules
- Be respectful and inclusive.
- No harassment, hate speech, or trolling.
- Engage in constructive discussions.
- Share relevant content.
- Follow guidelines and moderators' instructions.
- Use appropriate language and tone.
- Report violations.
- Foster a continuous learning environment.
Picture of the Day
The Busy Center of the Lagoon Nebula
Related Communities
๐ญ Science
- [email protected]
- [email protected]
- [email protected]
- [email protected]
- [email protected]
- [email protected]
- [email protected]
- [email protected]
- [email protected]
๐ Engineering
๐ Art and Photography
Other Cool Links
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Don't give them any money at all. Private businesses literally should not exist.
Private businesses are not the problem, corporations are.
Venture Capitalism is the problem. When a private business beholdens itself to a stock-price, that stock price becomes the ONLY thing that matters. You keep that stock rising no...matter...what.
Have to use cheap labour? Fuck you...stock price.
Quality Control cuts corners? Fuck you...stock price.
Employees can't afford groceries? Fuck you...stock price.
The best way to solve this though is through control of the means of production. Can't have this if the business is owned by the state.
Or worker co-ops. If workers own their own companies then that would solve 90% of the problems of late stage capitalism
That too, yeah
Corruption and perverse incentives are problems that apply to government bureaucracies as well as to companies. Not to say that it can't be done that way successfully, but the failures of the Soviet space program for instance seem to be a clear indication that it isn't a silver bullet in this case. Whatever the underlying economic system there are big organizational challenges to overcome.