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Money spent buying things is good for an economy & even stands a chance of increasing egalitarianism. Money invested is far more chaotic— When people run out of things to buy they must invest. When invested in you must shape your actions to serve the imagined bottom line. Perhaps enacting cruelty that you’d never bother with for your own money.

The corporation opens its eyes, becomes a sentient creature of abstractly defined desires. The first AI running on a computer of thousands of people.

myrmepropagandist 2y ago

I’m not so naive to suggest no joint ventures or limited liability. It’s true sometimes people have a good idea, but no money— a goal of great expense, raising capital to make it happen then is only right.

I wish simply there was more care for the creatures we choose to embody— a need not just to raise money but also to earn trust of a quorum ready to take responsibility for the monster. No more illusions of magic boxes where one would place a sum of money at night & find it increased by dawn.

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myrmepropagandist 2y ago

What I’m saying here is basically that #investors are often not invested at all. Many would be horrified by the ‘work’ their money has enabled. Or disgusted with the frivolous and intrinsically fraudulent character of some of the corporate projects they have enabled; this system so designed as to make exploitative extraction, liquidation mines and pure con jobs not just easy, but inevitable.