Comment on Corporations = communism
OutlierBlue@lemmy.ca 1 week ago
That’s not true at all. If every worker was a shareholder, then I might agree with you. But shareholders are the rich, who have capital they can invest and gain from. Corporations are set up to only benefit the rich. The average worker gains nothing but their measly wage/salary regardless of how well the company does or how hard they work.
Corporations are not for the benefit of all. They are for the benefit of the rich upper class and derive their wealth from the work of the working class.
TriflingToad@sh.itjust.works 1 week ago
I won’t pretend to know anything about economic systems so I really don’t have a dog in this fight. however my work is employee owned (you can only buy shares if you’re an employee), what does that mean for this comment?
OutlierBlue@lemmy.ca 1 week ago
It’s better, but still not great. You’re still limited by having enough money to be able to buy shares. The people with more disposable income have a greater opportunity to benefit, while those with less may not be able to afford it at all.
Even the lowliest employee with the lowest pay should still have an opportunity to benefit from their labour.
farngis_mcgiles@sh.itjust.works 1 week ago
This is a common setup companies use as a financial incentive. However, the vast majority of companies maintain a board or president with a controlling majority. Employees may get some returns on their shares but they do not have control over the company.