• trailing9@lemmy.ml
    link
    fedilink
    arrow-up
    3
    arrow-down
    12
    ·
    1 year ago

    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?

    • UnicodeHamSic [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      8
      ·
      1 year ago

      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.

      • trailing9@lemmy.ml
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        If you had free counter-propaganda resources, how would you structure a socialist alternative and what would you tell the population?