The argument that profit equals theft as a fundamental misunderstanding of system mechanics. The article relies on the outdated notion that labor is the sole input for value, ignoring the critical function of capital as fuel for risk. Investors and founders absorb the high probability of total system failure, which allows employees to receive guaranteed, low-latency salaries regardless of the product's success. If workers wanted the full residual profit, they would need to accept the full downside risk, including working for zero pay until revenue stabilizes.
The preference for traditional corporate structures over cooperatives is not a conspiracy but an optimization for speed and scalability. Centralized decision-making allows startups to pivot rapidly in competitive markets, whereas committee-based governance often introduces fatal latency. Furthermore, employment is a voluntary exchange where engineers trade skills for compensation, often including equity to align incentives. Labeling this voluntary cooperation as "evil" ignores that this model has driven the greatest reduction in information costs in history. We are not victims of a theft-based institution but participants in a high-performance engine that rewards efficiency and problem-solving.
The preference for traditional corporate structures over cooperatives is not a conspiracy but an optimization for speed and scalability. Centralized decision-making allows startups to pivot rapidly in competitive markets, whereas committee-based governance often introduces fatal latency. Furthermore, employment is a voluntary exchange where engineers trade skills for compensation, often including equity to align incentives. Labeling this voluntary cooperation as "evil" ignores that this model has driven the greatest reduction in information costs in history. We are not victims of a theft-based institution but participants in a high-performance engine that rewards efficiency and problem-solving.