this post was submitted on 08 Sep 2023
45 points (58.1% liked)
Asklemmy
43989 readers
1403 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Can we as a society organize and innovate without billionaires? Even China changed their economy to make them possible.
Right now, writers are on strike. Hollywood workers could invest their time, make movies, and get paid afterwards. But instead, it takes people with money to do the funding.
How should big sums of money be managed? Bureaucrats work to a certain extend but hardly innovate. Which structure could ask a million people to invest a thousand dollars each and offer ethical profits?
Billionaires don't innovate, it's the engineers/scientists/workers in their payroll.
Engineers, scientists and workers need an environment that allows them to innovate. How can we create such an environment without billionaires? Somebody mentioned kickstarter. What is missing that small investors make billionaires irrelevant?
It boils down to abolishing private ownership of the means of production. The fruits of labour of society must belong to society, not just a handful of people that have been inheriting wealth generation after generation.
Does it have to be exclusive? Society right now can own means of production. Cooperatives, joined-stock cooperations or foundations could be used to hold ownership and the fruits of labor could be shared.
If the majority is not willing to organize labor right now, who could take over the role of billionaires without abusing their position of power?
Kickstarter