Hacker News new | ask | show | jobs
by heavyset_go 1866 days ago
> Your moralizing a non moral argument.

I'm responding to a common moralizing argument:

> > A common reason I hear for the fact that investors get more equity is because of the "risk" they take on

> Its simply harder to get access to someone else's capital than someone else's time. So people can charge a premium for the capital.

That's just another consequence of our current system favoring those with capital. There's a glut of capital, it's just allocated in manners that favor asset owners over those who work for a living.

A more democratic approach to capital access wouldn't necessarily have to tip the scales in favor of those who already have it.