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  1. Embed this notice
    Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:07 JST Kris Nóva Kris Nóva
    in reply to

    This is why I shouldn’t read hacker news comments.

    Real EOF this time.

    In conversation Sunday, 26-Feb-2023 11:42:07 JST from hachyderm.io permalink
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:09 JST Kris Nóva Kris Nóva
      in reply to

      Also just to be clear I am 100% an investor. I own a lot of stock. Like — a LOT — I love it. I would buy more if I could. I love owning stock.

      However that’s not all I do — I also understand the balance and know when and where to apply which construct to which situation. Not everything needs to be solved with ownership. In my opinion, social media and open source software does NOT need ownership to survive.

      Now kindly stand the fuck back and watch as I do build this right before your eyes.

      In conversation Sunday, 26-Feb-2023 11:42:09 JST permalink
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:11 JST Kris Nóva Kris Nóva
      in reply to

      Literally this entire country is founded on the concept of OWNERSHIP.

      You can own land.
      You can own intellectual property.
      You can own a car.
      You can own animals.
      You can own the IP behind trademarks.
      You can own the IP behind patents.
      You can own the IP behind copyright.

      The fediverse chooses co-ops and nonprofits because it’s a model that… wait for it… TAKES AN ALTERNATIVE APPROACH AT OWNERSHIP AND IN THE CASE OF A NONPROFIT COMPLETELY BYPASSES THE CONCEPT ALTOGETHER

      In conversation Sunday, 26-Feb-2023 11:42:11 JST permalink
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:11 JST Kris Nóva Kris Nóva
      in reply to

      Regardless of your relationship with OWNERSHIP you can still sell services and you can still make money.

      Which is exactly what I intend to do with my little mastodon instance.

      EOF

      In conversation Sunday, 26-Feb-2023 11:42:11 JST permalink
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:13 JST Kris Nóva Kris Nóva
      in reply to

      The Friedman Doctrine is the Linux kernel of capitalism — it’s where it all started and still runs the show today.

      Literally this is the paper that explains why every shitty corporation you’ve ever heard of in your life doesn’t have jack shit levels of accountability to the health of our society.

      Corporations only care about their shareholders — the people that OWN the company. Not about the general public. This is why Facebook can waltz out of the courtroom time and time again.

      In conversation Sunday, 26-Feb-2023 11:42:13 JST permalink
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:14 JST Kris Nóva Kris Nóva
      in reply to

      I suggest anyone criticizing the fediverses approach at funding take 5 minutes and smoke a joint and read where all of this came from.

      Exhibit A)

      https://en.m.wikipedia.org/wiki/Friedman_doctrine

      In conversation Sunday, 26-Feb-2023 11:42:14 JST permalink

      Attachments

      1. Domain not in remote thumbnail source whitelist: upload.wikimedia.org
        Friedman doctrine
        The Friedman doctrine, also called shareholder theory is a normative theory of business ethics advanced by economist Milton Friedman which holds that the social responsibility of business is to increase its profits. This shareholder primacy approach views shareholders as the economic engine of the organization and the only group to which the firm is socially responsible. As such, the goal of the firm is to increase its profits and maximize returns to shareholders. Friedman argues that the shareholders can then decide for themselves what social initiatives to take part in, rather than have an executive whom the shareholders appointed explicitly for business purposes decide such matters for them.The Friedman doctrine has been very influential in the corporate world from the 1980s to the 2000s. However, it has attracted criticism, particularly since the financial crisis of 2007–2008, caused by various financial institutions which engaged in excessive risk for profit maximization, causing the bubble and collapse of the American real estate market that triggered the crisis throughout the wider global economy. Overview Friedman...
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:15 JST Kris Nóva Kris Nóva
      in reply to

      The difference between ordering a pizza and an “investment” is when you order a pizza you get a fucking pizza.

      When you pay for an “investment” or “asset” you trade your money for.. OWNERSHIP — or in the case of our interpretation of capitalism you get stock — or — a “slice of the pie”.

      This is why all of these open source licenses are important — because rich people understand this and try to.. you guessed it.. OWN our code just like they try to own everything else.

      and now you know.

      2/2

      In conversation Sunday, 26-Feb-2023 11:42:15 JST permalink
    • Embed this notice
      Kris Nóva (nova@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:42:16 JST Kris Nóva Kris Nóva

      I don’t know who needs to here this but any type of capitalism (especially “Venture Capitalsm”) is all about ownership.

      The keyword is “ownership” folks.

      Capitalism is an economic construct based on private ownership. Our interpretation of it here in the U.S. of A was established by a group of criminals who were traumatized by an inability to have what they considered to be “enough ownership” under the British monarch. They literally thought they owned other people.

      1/2

      In conversation Sunday, 26-Feb-2023 11:42:16 JST permalink
    • Embed this notice
      SteeleDynamics λ :emacs: (steeledynamics@hachyderm.io)'s status on Sunday, 26-Feb-2023 11:45:41 JST SteeleDynamics λ :emacs: SteeleDynamics λ :emacs:
      • Thomas 🔭🕹️

      @thomasfuchs @nova I've got a bad feeling about this

      In conversation Sunday, 26-Feb-2023 11:45:41 JST permalink
    • Embed this notice
      Odd :prami: :microblog: (odd@social.lol)'s status on Sunday, 26-Feb-2023 12:08:17 JST Odd :prami: :microblog: Odd :prami: :microblog:
      • Thomas 🔭🕹️

      @thomasfuchs @nova I have been unaware that the site was not a good place for information about hacks and related stuff. Are there other websites that offer better security information that you would recommend?

      In conversation Sunday, 26-Feb-2023 12:08:17 JST permalink

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