The business can survive just fine having more owners, each with a smaller piece of the pie. Yes, you lose majority control but boo hoo on still being filthy rich.
Comment on But how would they be able to live on that?
damnedfurry@lemmy.world 2 months agoI don’t care how illiquid your wealth is, if it’s over $10B you’re just hoarding it and it’s doing fuck all for the economy.
That wealth is primarily invested in businesses that function within the economy, so “doing fuck all for the economy” is literally a lie, and this act is literally the opposite of “hoarding”.
BrianTheeBiscuiteer@lemmy.world 2 months ago
sin_free_for_00_days@sopuli.xyz 2 months ago
You, uh, don’t think maybe more of those unrealized gains should go to the actual workers? What the fuck?
damnedfurry@lemmy.world 2 months ago
Do the “actual workers” also pay up if the business suffers losses, then?
Can’t have it both ways.
sin_free_for_00_days@sopuli.xyz 2 months ago
Yeah, they tend to get laid off. That’s having it both ways.