this post was submitted on 01 Nov 2023
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and where did that bring you? (lemmy.ml)
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[–] FastAndBulbous@lemmy.world 0 points 10 months ago* (last edited 10 months ago)

Why does investment entitle people to live off said thing? That's because there are agreements between the parties involved. If I want to start a business and need seed money I willingly enter a contract with investors just as they willingly risk their investment capital.

Of course they are more efficient, nobody sets up co operatives. If they were a more efficient way of running a business more people would do it.