From Commune To Sharing Economy Startup

gthuang88 writes: Willy Schlacks grew up in a conservative commune in Missouri without technology like phones or computers. At age 27, he and his brother left and started a construction business. That led to their founding a Web startup called EquipmentShare that helps contractors rent and share construction machinery. The startup went through the Y Combinator program and just raised $2 million from venture capitalists. The Schlacks worldview, coming from a communal society where they never owned property, fits in an interesting way with the digital sharing economy of Uber and Airbnb that's seeping into other industries. But there's one big difference. "I appreciate capitalism," Schlacks says. "I definitely prefer it."

Comments

Re:Capitalism is great...

[ultranova]

And since when, do you think, patent trolls represent capitalism?

Ever since someone realized they can make money from patent trolling. "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."

You don't get to pick and choose only the positive results of profit motive as representing "real" capitalism. The system works great at finding the local optimum; it's flaw is that it both calls for but can't handle clever pyschopaths. And that flaw turns to a fatal one when people fall in love with capitalism and refuse any attempts to mitigate less desirable effects in the name of economic efficiency - or religious orthodoxy, which is what I suspect it really is for a lot of people.