The share of investments made in the European chip sector shrank compared to worldwide spending, falling from around 10% in 2000 to 4% in 2010, according to the European Court of Auditors. Since then, the situation has not improved.
The share of investments made in the European chip sector shrank compared to worldwide spending, falling from around 10% in 2000 to 4% in 2010, according to the European Court of Auditors. Since then, the situation has not improved.
We can collect money from average citizens and create the new ventures that way, [with them as the shareholders]. But people rather spend money on a vacation than on a company.
There would be no need for billionaires if average citizens were willing to risk their money.
Downvoters, from where should the money come?
Link further down:
Fuck you, that’s why.
Accusing workers from taking vacations is an absolute abominable bullshit only ghouls would ever spread.
So to get a real answer:
Fuck capital, it doesn’t do shit. People improve technology, and they need resources for that. Simple as.
So EU should dedicate more resources to research and development of technology it can’t survive without. Lessen the dependancy on China and US.
Specially open software, that investment will bring back tenfold more growth very quickly. Don’t need many resources for that, just feed people.
I know less about hardware, but semiconductors are in everything, so we all need to stop producing products with them, as well as having more producers, so you can have ethical and ecological lifecycle.
Again: we don’t need european Torment Nexus
The guy you’re replying to is the typical parasite that would thrive in Dubai or the US because there, empathy is a disadvantage, not a basic human condition.
We need a common tax code in the EU that taxes profits progressively for companies to have incentives to re-invest in R&D. It needs to have allowances per capita for domestic production and workers so we reduce capital outflow and we need to make stock buybacks illegal. The way it’s set up today, it’s just a massive capital vacuum that extracts it from people and transfers it to stockholders.
I am arguing that the people have to be the stockholders so that the profits stay with the people. That is the opposite of what capitalists do. How have you understood my comment that you think I am a parasite?
Private equity and hedge funds are already overwhelmingly funded by pension funds. I don’t understand how much more you want to extract from working people. The real question is why are we letting the inbred offspring of the former nobility manage our funds under the guise of expertise when it’s been shown that an octopus can outperform them when it comes to long term returns from investment strategy. They give our money to dude bros to invest in brilliant ventures like FTX and we’re left holding the bag. That’s why you’re a traitorous parasite, you want to extract even more from those who already contribute the lion’s share.
Because people prefer to call me a parasite instead of organising it themselves.
Of course, some people have additional money but that is not enough to outcompete the rest of the world: https://commission.europa.eu/topics/eu-competitiveness/draghi-report_en page 280 of part B.
Everything comes fron the workers. If the workers don’t own it, others take it. People won’t do a revolution. How else but with investments can workers own more?
The reference you shared says exactly the opposite of your point. It points out fragmentation and lack of uniform regulation… Which happens to mirror some of my arguments.
Jesus, lemmy sometimes reddits.
I have no objections to your suggestions. Tax buybacks!
My problem is with:
I hope the quote above clarifies why more investments from regular people would be a good thing.
You did not understand the quote you shared. We already save more. Regular people don’t have the fiscal or financial education to make good investments. The problem is our investment class is filled out by amoebas that belong to inbread lineages.
Thank you.
In my defence, I wrote spending on vacation, not taking vacations. It doesn’t cost extra money to relax at home. In my opinion, that’s the easiest way to save money.
Yes
That won’t happen on its own. Like investing, people don’t vote in their best interest.
The EU and all public institutions could shift to the Fediverse for free. There is a server but no commitment. All news reference X.
That’s the question. Who brings the money? It will take 4 years minimum to vote for enough good politicians in the EU. People could start a new company on Monday.
Best of all, the money would not be gone but people would own companies.