• 133arc585@lemmy.ml
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    1 year ago

    no one will open a business if they make $0

    In the current system you’re right, but only because to make $0 you yourself won’t be able to survive.

    To suggest that profit motive must exist to want to start a business though is not valid. Think of all the big name “inventors” of the past couple centuries: yes they were being paid enough to live, but what motivated their invention and discovery was genuine passion for knowledge and invention. I’d start a business that made $0 if I was producing a product I thought was cool and meaningful. In fact, not being tied to a profit motive would let me experiment with more unusual ideas for goods and services.

    If you pay people enough to survive and entertain themselves, it doesn’t magically turn everyone into a braindead consumer (ironically, that’s what the current system does). If you pay people enough to not have to worry about survival, they can be creative and explore the landscape of ideas, leading to novel discovery and inventions.