Comment by borski

Comment by borski a day ago

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Because it is paradoxical on its face. Many people like to argue that founders (or rich people, or billionaires, or whatever) don’t create real value, but simultaneously discount all the jobs they created and products they produced, because it is convenient to do so when it fits your narrative.

Yes, I’m all for co-op structures, but there is a big difference between “created no value” and “created lots of value but kept the majority of profits for themselves.”

If they’ve created 1000 jobs; is that value? Surely to those 1000 employed people, it is.