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?
China needed them because they wanted money from the west. If they hadn’t we would have done a cold war to them long ago and they might not have been strong enough to handle it. Because they had some billionairs we took it easy on them for a while and now they are strong enough to resist our coup attempts. So it wasn’t that the oligarchs class is good for anything. They just needed to be part of our system for self defence.
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?
China needed them because they wanted money from the west. If they hadn’t we would have done a cold war to them long ago and they might not have been strong enough to handle it. Because they had some billionairs we took it easy on them for a while and now they are strong enough to resist our coup attempts. So it wasn’t that the oligarchs class is good for anything. They just needed to be part of our system for self defence.
Maybe, but they’ve used their power to set the system up that way, and heavily propagandized against socialized alternatives
If you had free counter-propaganda resources, how would you structure a socialist alternative and what would you tell the population?
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