They do exactly this. The more tyrannical petty bourgeoisie will claim to have worked hard to get the company off the ground or they lived in squalor for a few years. They'll also claim to take on all the financial risk if the company dies, somehow justifying their private use of my surplus value. It's all mythology and scams.
They’ll also claim to take on all the financial risk if the company dies
The ones with any functioning brain cells set up the corp as an LLC, which makes them only liable for debts and such to the extent of their financial contribution. Also easy to set up and relatively little cost, so if they're stupid enough to actually set an uncertain venture up as a partnership or sole proprietorship (where they would be liable for their share/ALL of the liabilities respectively), they deserve to lose it even more
I want to make them try and live off $12/hr
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They do exactly this. The more tyrannical petty bourgeoisie will claim to have worked hard to get the company off the ground or they lived in squalor for a few years. They'll also claim to take on all the financial risk if the company dies, somehow justifying their private use of my surplus value. It's all mythology and scams.
The ones with any functioning brain cells set up the corp as an LLC, which makes them only liable for debts and such to the extent of their financial contribution. Also easy to set up and relatively little cost, so if they're stupid enough to actually set an uncertain venture up as a partnership or sole proprietorship (where they would be liable for their share/ALL of the liabilities respectively), they deserve to lose it even more
Always after all living costs and luxury items are budgeted for.