this post was submitted on 04 Apr 2024
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Asklemmy

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[–] [email protected] 4 points 7 months ago

killing animals

[–] [email protected] 3 points 8 months ago (5 children)

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.

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[–] [email protected] 3 points 8 months ago (2 children)

Political parties and religions. All of them.

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[–] [email protected] 3 points 8 months ago

Individuals owning something you need many people to use, like a coffee shop, large tracks of land, or an apartment building.

[–] jaemo 2 points 8 months ago

Oh I got another one! "Corporations as people"

Wrong wrong wrong. Do not want

[–] [email protected] 2 points 8 months ago
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