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by jaybrendansmith 206 days ago
As a democratic socialist, I find this article fails to back its claim that equity is theft. Workers at startups get equity; this is why they work so hard. Would a worker cooperative be better? Possibly, but there is little incentive for the person with the capital to risk their wealth if they don't get a stake that is commensurate to the risk they are taking. I think if anything, startups are a massive improvement over public corporations because they regularly provide a means for a talented person with no capital to become an owner. If I were to critique capitalism, I would hardly start with a startup, which is the closest thing we have to a worker cooperative. I would go after private equity, which is perhaps the most evil of all of capitalism in its various forms, the equivalent of a blood sucking creature straight out of the D&D Monster Manual.
1 comments

Excellent, but was thinking more of a Cloaker, Soulleecher, or Succubus. These creatures seem safe/helpful or innocent, but then attack, draining your life force and leave you as a discarded husk.
Not really sure what he is but this comes immediately to mind: https://en.wikipedia.org/wiki/Strahd_von_Zarovich "He is a malignant narcissist trapped by his malignant narcissism – forever alone, forever feared and unable to change. Salvation is beyond him. He is framed as inhumanity personified, often serving as a cautionary tale: once you lose your humanity, you can never get it back."