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   Radical_EgoCom (radical_egocom@kolektiva.social)'s status on Saturday, 01-Jul-2023 19:57:07 JST Radical_EgoCom

   From "Economics for Everyone" by Jim Stanford

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     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Saturday, 01-Jul-2023 19:57:06 JST ?? Humpleupagus ??

     in reply to

     • :spinnenrad: Eiregoat :spinnenrad:
     What do Uli Behringer or Bill Gates know about the products they've developed? They just stood around and let everyone else develop products that they didn't understand. Fucking losers. 🙄
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     :spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Saturday, 01-Jul-2023 19:57:07 JST :spinnenrad: Eiregoat :spinnenrad:

     in reply to
     Ok, so how did he come to own it, how did he convince people to work it for him. In reality there's a few ways this can happen:
     
     - A government can award him a monopoly forcing all investment in that field into his organisation, guaranteeing his success.
     
     - A government enforced banking cartel can issue investment only to their favorites, guaranteeing their success.
     
     - Maybe he built the machine and is so successful at keeping his organisation ahead of the competition he has become very wealthy.
     
     - Maybe he has nothing to do with the creation or operation of the machine but was key in the process of taking it from a weird idea to something extremely useful.
     
     In the first two the government is the problem, not economics. In the second two there is no problem. His success is merited.
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     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Saturday, 01-Jul-2023 20:07:01 JST ?? Humpleupagus ??

     in reply to

     • :spinnenrad: Eiregoat :spinnenrad:
     But not everyone who has a patent is successful, nor is everyone who has financing from family and associates. There has to be something more.
     
     OPs comic make is seem as if the employer has little knowledge of the business or the products of it. This couldn't be further from the truth in most cases. First, most businesses are small businesses. The owners usually started solo and grew, and are still highly involved in day to day operations.
     
     A lot of big business originated from small business or the like. Gates and Behringer are examples of people who developed products hands on at some point in their career and do understand, or could understand if required, the products their teams now create. There are lots of reasons to dislike gates BTW, but this isn't one of them.
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     :spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Saturday, 01-Jul-2023 20:07:02 JST :spinnenrad: Eiregoat :spinnenrad:

     in reply to

     • ?? Humpleupagus ??
     I'm not as familiar with Behringer, but Gates' success was primarily due to the first two methods of operation. He benefitted hugely from the government enforcing copyright monopolies on software as well as patent monopolies on file format standards. Most people aren't aware of this but every time you buy a USB key or any other flash storage device you're paying a tax to microsoft.
     
     He also benefitted to family connections to the finance world which is very much a state cartel rather than a market economy.
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     pyrate (pyrate@nicecrew.digital)'s status on Saturday, 01-Jul-2023 20:14:35 JST pyrate

     in reply to

     • ?? Humpleupagus ??
     To be fair. Gates did try to sterilize Africans which in retrospect is kind of based.
     Fediverse Contractor likes this.
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     Zealist (zealist@poa.st)'s status on Sunday, 02-Jul-2023 21:00:34 JST Zealist

     in reply to

     • :spinnenrad: Eiregoat :spinnenrad:
     • DM me cats :nv:
     @CatLord @Eiregoat @Radical_EgoCom i dunno, but let's kill the jew and break his machine and farm.
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     DM me cats :nv: (catlord@poa.st)'s status on Sunday, 02-Jul-2023 21:00:35 JST DM me cats :nv:

     in reply to

     • :spinnenrad: Eiregoat :spinnenrad:
     @Eiregoat @Radical_EgoCom >If he got the money through his connections to the finance cartel then the existence of the cartel is the source of the problem.
     
     Sure, but he has the machine now. You're dictator. Do you take it from him?
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     DM me cats :nv: (catlord@poa.st)'s status on Sunday, 02-Jul-2023 21:00:36 JST DM me cats :nv:

     in reply to

     • :spinnenrad: Eiregoat :spinnenrad:
     @Eiregoat @Radical_EgoCom maybe he bought it
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     :spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Sunday, 02-Jul-2023 21:00:36 JST :spinnenrad: Eiregoat :spinnenrad:

     in reply to

     • DM me cats :nv:
     Where'd he get the money? If he earned it and made the machine useful through his organisational talents then his success is merited. There are many examples of this in history, merely inventing something and being able to use it is not useful on it's own. It has to be brought to market to actually matter.
     
     If he got the money through his connections to the finance cartel then the existence of the cartel is the source of the problem.