Hacker News new | past | comments | ask | show | jobs | submit login

Just because somebody is rich, doesn't imply there are many resources. It's just a debt owed by society, which can also go bankrupt. Jeff Bezos earning another Billion does not imply more houses have been created or more plants have been reared and so on. It just means people bought stuff from him, in return for a promise to pay them back in the future (money is a promise of future goods). If Bezos decided today to buy loads of grain with his Billions, to feed the poor somehwere, that grain would be missing somewhere else.

The talk about "businesses that society should consider viable" is nonsense, as the example of the pensioner wanting someone to clean their apartment shows. What should they do if society doesn't consider them "viable", commit suicide?

If society doesn't deem some business "viable", they can simply refuse to work for that business.

If you want to create jobs "collectively", sorry to say, you are in full blown socialist territory, and you will fail, for the same reasons that socialism always fail (because planning economies can't assign resources efficiently enough).




Consider applying for YC's W25 batch! Applications are open till Nov 12.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: