killing animals
this post was submitted on 04 Apr 2024
137 points (96.6% liked)
Asklemmy
43945 readers
708 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
Private property.
Individuals owning something you need many people to use, like a coffee shop, large tracks of land, or an apartment building.
load more comments
(1 replies)
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.
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.
load more comments
(4 replies)
Usury