Message from @Green Syndicalism
Discord ID: 582810469782257694
and they are left untouched
you know how in capitalism we have different classes of shares?
preference shares
class A shares
class B shares
similar concept
so your practice still doesent change anything. People have nothing to gain
no they do
the owner still gets 1 share of the new class
so he still gets a piece of all future profits
but regardless, the point is that beyond a certain business value, the business itself is more than just 1 person providing the bulk of the value
its about the workers to a larger degree
you do know that lower class stocks have no voting power?
yes
so the head of the company would still run it.
so?
that whole concept could just be trashed by 1 very simple idea
no dude
JUST BUY THE FUCKING STOCKS WHEN IT IPO-s
everybody already does it
when the shares are issued to the workers, they will get voting rights. now they can vote to keep the original owner in charge if theyre happy with his management
if theyre not happy
then fuck the cunt
and that leads to poor economics
no it doesnt
owners often have the difficult decision of firing people
i.e when recession comes
what leads to poor economics is when you constrict demand by ensuring wages dont go up
people dont like getting fired
so what will they do?
bro you still have management
vote him out
omfg
that leads to the company going bankrupt
no dude the workers vote for management and you can have *policy for retrenchments*
If people dont like the retrenchments, bad luck
next AGM they can vote on it
it isnt that simple
if they run the business into the ground, *they lose their job*
people will run the business for their own benefit (to keep their jobs)
actually lets think about like this bro