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[-] Delascas@feddit.uk 4 points 7 months ago

Political parties and religions. All of them.

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[-] BaumGeist@lemmy.ml 4 points 7 months ago

killing animals

[-] knfrmity@lemmygrad.ml 4 points 7 months ago

Private property.

[-] pearable@lemmy.ml 4 points 7 months ago

Individuals owning something you need many people to use, like a coffee shop, large tracks of land, or an apartment building.

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[-] lemmyseizethemeans@lemmygrad.ml 3 points 7 months ago
[-] Hamartiogonic@sopuli.xyz 3 points 7 months ago

Compound interest.

Let’s say you need to borrow 5000 € for your first car, but you have only 700 €. First, you’ll need to find a lender who is willing to share the risk with you. Then, you form a joint stock company (Tom’s Volvo C30 2008 incorporated), where you own 7/50 of the car and the other party owns the rest. When you have some more money, you can buy some more stocks. One day, you’ll own the whole car and the lender has all of their money back.

[-] scoobford@lemmy.zip 4 points 7 months ago

So...instead of loans, you're advocating that people form corporations where shares are bought over time instead?

You'll still have to pay some interest to motivate the other party to invest, all you've really done is generate a bunch of extra paperwork to spin up a corporation.

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this post was submitted on 04 Apr 2024
137 points (96.6% liked)

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