Comment on Imagine if Amazon and all jobs out there were cooperatively owned?
Cethin@lemmy.zip 3 weeks agoThat’s not really how that works. Sure, it isn’t liquid, but you can still borrow against it, and you don’t pay tax in this like you would if you sell. That’s how the wealthy can still buy things without having to pay any reasonable amount of tax.
ragebutt@lemmy.dbzer0.com 3 weeks ago
And if amazon gave their employees stock options (like they did at one point) the employees could also borrow against it. But amazon stopped doing that once they reached a point where their employees were impacting their bottom line. They now rob their employees of that option to entrench wealth amongst the elite