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    drake_koefoed (drake_koefoed@poa.st)'s status on Monday, 01-Apr-2024 22:04:21 JSTdrake_koefoeddrake_koefoed
    in reply to
    • Bread up, Bro
    • CrustyB
    • PopulistRight
    • Escoffier Gab refugee
    @PopulistRight @Escoffier @sickburnbro @CrustyB "The ONLY reason a corporation is needed, is to raise RISK CAPITAL. Medical has a guaranteed-market, due to the human condition, so this is a STUPID system to use for that function. "

    there is nothing that can raise capital like a sovereign currency issuer. and it can even invest 10 in something that turns out to be worth 9, and just go right on. you needed a new hospital, you built it.

    since essentially everything is a need in one way or another, the things that are natural monopolies should be run by people who just get a reasonable salary, and anything that pays pays the people.
    In conversationMonday, 01-Apr-2024 22:04:21 JST from poa.stpermalink
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