• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          1 year ago

          The problem there is getting the initial seed funding. Investors put money into companies because they want to have control over the company, and they can’t do that with a cooperative. There is a systemic bias towards capitalist company structure because of that.

          • trailing9@lemmy.ml
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            1 year ago

            Investors want to make money above all. You can issue bonds with favorable interest rates as long as you have a solid business.

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              1 year ago

              The reality clearly demonstrates that investors don’t bother investing in coops. You’ve obviously never actually tried to get investors to invest in a coop.

              • trailing9@lemmy.ml
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                1 year ago

                No I haven’t.

                But I expect that the search for people who want to participate in an expanding cooperative is the bigger problem.

                Do you know of a cooperative that wants to issue bonds?

                • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                  1 year ago

                  I recommend learning a bit about the subject before arguing about it. Cooperatives don’t issue bonds because nobody is going to buy these bonds.

  • Mubelotix@jlai.lu
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    1 year ago

    Deflation would actually make capitalism somewhat ok. It would stop people from buying useless shit and automatically reward the poor who can save a little but don’t know how to invest. That’s why I Bitcoin

    • explodicle@local106.com
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      1 year ago

      Bitcoin doesn’t make it OK to get paid just for owning something, it’s just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn’t pay to stake holders at all.

      • Mubelotix@jlai.lu
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        1 year ago

        How is this not ok to reward those who don’t spend? If we are going to stop climate change we need to stop consuming shit as much as possible