30
What's the point of doing business? (lemmygrad.ml)
submitted 6 months ago* (last edited 6 months ago) by VeganicTankie@lemmygrad.ml to c/comradeship@lemmygrad.ml
14 comments fedilink hide all child comments

Why bother making startups when I can just invest in shares&crypto and make my usual 1-2% per year? Capitalism "breeds innovation" but most startups are really just "make toilet paper a subscription" or "buy from China/USA/Germany and resell". There are few startups based on actual scientific advancements.

Yes, I'm asking about investing while I'm broke

EDIT: 5% was an exaggeration

you are viewing a single comment's thread
view the rest of the comments
[-] bobs_guns@lemmygrad.ml 7 points 6 months ago

The point of doing business is to stop doing CMC and start doing MCM'. Anything else is just window dressing.

[-] bennieandthez@lemmygrad.ml 6 points 6 months ago* (last edited 6 months ago)

Not even M-C-M', now its just M-M' lmao.

I really like this summary: https://jwmason.org/wp-content/uploads/2020/02/capital-notes.pdf

this post was submitted on 29 Apr 2024
30 points (96.9% liked)

Comradeship // Freechat

2159 readers
140 users here now

Talk about whatever, respecting the rules established by Lemmygrad. Failing to comply with the rules will grant you a few warnings, insisting on breaking them will grant you a beautiful shiny banwall.

A community for comrades to chat and talk about whatever doesn't fit other communities

founded 3 years ago
MODERATORS
felipeforte@lemmygrad.ml