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Let’s Set a Maximum Wage for the Rich | The Tyee
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this post was submitted on 26 Feb 2024
562 points (92.7% liked)
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Enshittifcation would be mandatory via forced infinite growth to profit shareholders.
Instead, we can make the employees up to middle management and lower own a minimum of 60% shares of every company that way they're not constantly getting fucked and they actually have a voice.
I would have 100% of voting shares be inalienably attached to all workers in the firm. Non-voting preferred stock can continue to be free floating property rights @canada
If employees own 60% then they should invest 60% of a company capital.
They are. With their time, whether that probationary or goes away if you do + some other obvious grey areas. This whole "business owners are taking all the risk so they have more money they can ever spend" nonsense is costing us, costing the government, and costing the environment. Shit has got to go.
Open your own business.
I wasn't born with money stolen via exploitation. Not an option for me and 95% of the planet.
You don't need much money to open a business. You just need to pay a small fee to register a company, anyone can manage that.
Does this small fee include cushion money for not turning a profit in years?
Wut?
On average, businesses do not even break even for 18 months, and don't turn a profit for 2 or 3 years, up to 5 for restaurants if they don't fail. How should I pay for things during this time? What happens if I fail, where does the money come from to take care of any debts from taking out loans for the business as that would be the only way for me to achieve the amount of money required to do this?
It's not the same playing field, and to act like it is is just ignorant.
Too bad for you, I guess.
Agreed, but it could be better everyone and I hope you also strive to make that happen. Take care