Message from @Green Syndicalism

Discord ID: 582809856877264900


2019-05-28 05:54:21 UTC  

owner has 100% of the shares

2019-05-28 05:54:28 UTC  

now you give the company to the people

2019-05-28 05:54:35 UTC  

but he still has the same amount of shares?

2019-05-28 05:54:39 UTC  

does not compute

2019-05-28 05:54:39 UTC  

no omfg

2019-05-28 05:54:39 UTC  

GG @Green Syndicalism, you just advanced to level 2!

2019-05-28 05:54:46 UTC  

okay let me make it clearer

2019-05-28 05:54:54 UTC  

say you hold 100 shares

2019-05-28 05:55:04 UTC  

and your net revenues are say $100

2019-05-28 05:55:30 UTC  

each share is worth about $1 in net revenue

2019-05-28 05:55:42 UTC  

if $100 was the mutualisation or nationalisation mark

2019-05-28 05:56:34 UTC  

we hand everyone in the company 1 share each, but each share is divided amongst the net profits *above the $100 in net revenue*

2019-05-28 05:56:46 UTC  

so the owner's shares are fundamentally worth a different amount to the newly issued shares

2019-05-28 05:56:51 UTC  

and they are left untouched

2019-05-28 05:57:10 UTC  

you know how in capitalism we have different classes of shares?

2019-05-28 05:57:14 UTC  

preference shares

2019-05-28 05:57:17 UTC  

class A shares

2019-05-28 05:57:19 UTC  

class B shares

2019-05-28 05:57:29 UTC  

similar concept

2019-05-28 05:58:11 UTC  

so your practice still doesent change anything. People have nothing to gain

2019-05-28 05:58:17 UTC  

no they do

2019-05-28 05:58:36 UTC  

the owner still gets 1 share of the new class

2019-05-28 05:58:42 UTC  

so he still gets a piece of all future profits

2019-05-28 05:59:15 UTC  

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

2019-05-28 05:59:27 UTC  

its about the workers to a larger degree

2019-05-28 05:59:31 UTC  

you do know that lower class stocks have no voting power?

2019-05-28 05:59:38 UTC  

yes

2019-05-28 05:59:46 UTC  

so the head of the company would still run it.

2019-05-28 06:00:01 UTC  

so?

2019-05-28 06:00:09 UTC  

that whole concept could just be trashed by 1 very simple idea

2019-05-28 06:00:14 UTC  

no dude

2019-05-28 06:00:20 UTC  

JUST BUY THE FUCKING STOCKS WHEN IT IPO-s

2019-05-28 06:00:36 UTC  

everybody already does it

2019-05-28 06:00:44 UTC  

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

2019-05-28 06:00:47 UTC  

if theyre not happy

2019-05-28 06:00:51 UTC  

then fuck the cunt

2019-05-28 06:01:02 UTC  

and that leads to poor economics

2019-05-28 06:01:07 UTC  

no it doesnt

2019-05-28 06:01:16 UTC  

owners often have the difficult decision of firing people

2019-05-28 06:01:22 UTC  

i.e when recession comes

2019-05-28 06:01:23 UTC  

what leads to poor economics is when you constrict demand by ensuring wages dont go up