18 pointsby robtherobber3 hours ago3 comments

plastic-enjoyeran hour ago
Skin in the Game by Nassim Taleb becomes highly relevant here
49369201837an hour ago
Socialists don't create value, they steal it.
- vrganjan hour ago
  This doesn't make any sense. Value is just labor time. Are you suggesting socialists don't do any labor?
  - vegan_muffin32 minutes ago
    Duke Nukem Forever must have been very valuable when it came out then.
RicoElectrico2 hours ago
In the recent history, the closest to capitalists actually taking the risk I can think of is family business owners in 90s Poland. While there were new export markets opening up and domesting demand growing as well, for some reason (I presume lending market was barely there) there were multiple stories of entrepreneurs quite literally betting the farm, mortgaging their houses etc. Some succeeded, some not quite.
- horns4lyfean hour ago
  How is now different? Most small business owners do that
  - RicoElectricoan hour ago
    In Poland at least, the default investment of capital for such people (and doctors, and lawyers etc.) is real estate. No matter what, they will get a soft landing with rent income.
    Back then the real estate market was non-existent. Consumer mortgages weren't a thing up until early 2000s.
    Then again, I was talking about companies that have had some potential for scaling, like processed food, manufacturing etc. - not businesses that are inherently local.