this post was submitted on 04 Sep 2023
277 points (97.6% liked)
Risa
6898 readers
86 users here now
Star Trek memes and shitposts
Come on'n get your jamaharon on! There are no real rules—just don't break the weather control network.
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
Many projects take a long time to become profitable. The workers would starve until then.
Because of that, they need to borrow wealth to be able to keep working on the project until it becomes profitable.
The concept of lending wealth is therefore necessary.
Noone is gonna accept the risk of lending out wealth unless they expect some gain, some profit.
Therefore the workers promise to not only repay the lent wealth but to also pay on top of that, perhaps a share of the project's profit.
Hence the concept of profitable investment is necessary.
They don't starve if food production is turned to the goal of feeding humans.
You think entirely too small.
Humans made Capitalism, and we can unmake it.