I honestly don’t like default instance approach. I think people should be able to select tags and they’d get communities recommended with maybe a flag of the country where it comes from next to it and like just a list of blocked communities from that home (inaccesible planets) and like a short description. I don’t think lemmy should become as centralised. I like your idea for that approach. If one community shuts down or like the admins or mods act stupid it would suck for users to not have been given a choice.

Its not like they’re hoarding it on their bank account. And ones the stocks of my company fall my 100 mio might not be worth anything or like just a part of it. And still… who would buy the company thats over these assets, and how should the company increase productivity which is in public interest if it does not have a stable ownership situation and it keeps changing due to the cap.

Just because a company is valued like 3 trillion like nvidia you couldn’t just cash out just like that. Money doesn’t just spawn and the productivity doesn’t just go up. I don’t necessarily want an infinitely sized company but if a company value keeps rising it indicates rising productivity and success which is good for society. A company doesn’t need to make profit to be valued at a certain mark.

Personally I’ve been using FreeTube for accessing YouTube as they are FOSS. Only thing I wish they would have a feature to share like subs with Tubular and watch history somehow. It doesn’t have all the platforms Grayjay has but for just YouTube its pretty great

If you work for a company and it goes bankrupt you don’t get your entire private shit seized. You can find a new company to work for. Starting a company based on debt is inherently risky. This comparison isn’t really as great as you think it is.

Depends, the market for a high quality CEO is really competitive and they are at least for most companies still needed for the overall strategie and coherent direction. I understand your point tho in discrepancy between workers and CEO wage. A company usually doesn’t do this just to make their CEO rich, they do it as shareholders because they think it is in their best interest

I don’t think billionaires shouldn’t exist necessarily, I do think homeless people shouldn’t exist tho.

I liked the build up but the conclusion really made no sense. Yes, capitalism needs to be strictly regulated and sectors that are irreplaceable and are too important to fail can’t be trusted with private companies. I agree with that notion. If you ask for a 100 mio. max wealth tax then you don’t really understand the meaning of wealth. If I start a company and my company gets valued at over 100 mio dollars what should I do? Sell parts of my company? Net worth is not like money on your bank account, and if other people value it so highly and I’m forced to sell parts of it this money won’t really go into public hands. For one someone needs to buy it, with their capped monetary assets, and secondly only because a company is valued at a certain point doesn’t mean you create more productivity or money out of thin air.

I think its one of the reasons reddit will never reach the mainstream like reddit. For one people find it confusing to find a community which I disagree with, you just need to take a slight effort to understand that you have a choice of community and in return you get great freedom. Since its mostly for more techies I and its overwhelmingly like left, people with moderate right views will feel like they’re completely out of place.

Im also sad that many of the bigger communities like ml have unhinged mods that ban for anyone disagreeing with them. For example some calls for violence being overwhelmingly onesided on here made me feel sick at times. But I don’t feel like sparking that debate over here.

For most people if you never had to work a day of your life for you to live a decent life you probably would follow your own interests. And I’m not blaming you for that, but mass wealth isn’t accomplished by everyone going on a journey of selffulfillment. Which economic system works better might I ask you?

If you don’t have wealth amassed outside the company and the company ends up not being able to pay debts your entire livelihood can be taken by a debt collector. Really depends on the company but if you want to get a loan banks want some safety to back it up

Have you ever considered people becoming billionaires of companies that haven’t made a single cent of profit? Spotify never made any profit for example and is still valued at just 96 bn USD

Thats not how the net worth of a company works. You don’t have to make massive profits for people to value your company highly

As long as the profit margin isn’t to right I think it is ethical for companies to make a slight profit

For those who got used to type neofetch they probably just put an alias in for fastfetch