• 3 Posts
  • 48 Comments
Joined 2 years ago
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Cake day: August 6th, 2023

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  • Intellectual property is a means of production after its released. It requires no further input from the creator, and so they shouldnt have a monopoly over it.

    If the internet actually enforced copyright to the letter of the law, it wouldnt exist in its current form. No memes, no game streamers or videogame youtubers, no unlicensed music, no image sharing. Copyright needs to be defended to the best of the holders ability otherwise they lose it. It would necessitate a constant stream of scanning and policing and litigation thatd be so taxing on platforms theyd just shut down. Video game streaming operates in a legal grey zone because the law is flawed.

    Theres a reason programming tools are almost all open source. From languages to libraries to software, the alternative is just too inefficient.

    Copyright is an old shitty system from the days when books required publishers who had to register an ISBN for everything they published. The modern equivalent would be if every unique copyrightable contribution on the internet first required submitting the media to a government agency to store a hash of it and issue a UUID.

    I wouldnt say that IP doesnt exist, but once you share information with someone, they are now also a holder of that IP, just by the nature of reality.











  • I dont think taxing them will accomplish much. its also trivial for corporations to evade taxes, and all of the big ones do.

    I think the ease of raising money is part of the problem. Loads of tech companies way over-raise, and develop into bloated cancerous messes that have no way of ever realizing the growth that would have to exist to warrant the investment theyve been given.

    In the first place, the only way their investors even expect make anything back would be by reselling the stock, making it a ponzi asset.

    The entire system is just propped up by peoples 401ks being funneled to institutional investors. Its inherently unstable.

    Make social security good enough that middle class citizens dont need to invest, and the overinflated value of stocks plummets back to earth.



  • Your questions at the end are what distinguish this from a co op.

    Im not saying i have an answer for every case, but a co op has strictly one vote per employee.

    I think itd be okay to build on top of that and let co-ops of more than 2 people set up some sort of charter or constitution that requires periodic re ratification.

    3 is the minimum amt of employees that makes sense imo.



  • Well, if you want to tax billionares out of existance u need a wealth tax, aka unrealized gains.

    taxing unrealized gains is just going to force individuals to sell their business to liquidate the cash to pay their taxes. Institutional traders will buy them up, so youre universally taking control out of the hands of people and giving it to banks and hedgefunds, which will just end up owning eachother.

    I dont think any billionares exist that made their money in some other way than selling stocks in a business they acquired at a lower value, aside from inheritance or divorce.

    Maybe you do implement a wealth tax anyway though, but you do it after abolishing stocks, just to catch the loopholes.


  • im definitely interested in not collapsing the world financial system, but its a tough problem to find a solution to.

    there are other assets besides stocks banks could own - loans would definitely be a much bigger part of the pie.

    As for starting a business, itd make sense to only hire on people you trust at first. Afterward you have to continue to show your worth not to investors but to employees.

    As an alternative to trust, you could cut your own business a loan, so that if youre ousted as long as it doesnt go tits up you still get a payout.