this post was submitted on 26 Feb 2024
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[–] whostosay@lemmy.world 7 points 6 months ago* (last edited 6 months ago) (2 children)

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.

[–] jlou@mastodon.social 2 points 6 months ago

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

[–] Aux@lemmy.world -1 points 6 months ago (1 children)

If employees own 60% then they should invest 60% of a company capital.

[–] whostosay@lemmy.world 1 points 6 months ago (1 children)

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.

[–] Aux@lemmy.world -2 points 6 months ago (1 children)
[–] whostosay@lemmy.world 1 points 6 months ago (1 children)

I wasn't born with money stolen via exploitation. Not an option for me and 95% of the planet.

[–] Aux@lemmy.world 0 points 6 months ago (1 children)

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.

[–] whostosay@lemmy.world 0 points 6 months ago (1 children)

Does this small fee include cushion money for not turning a profit in years?

[–] Aux@lemmy.world 0 points 6 months ago (1 children)
[–] whostosay@lemmy.world 1 points 6 months ago (1 children)

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.

[–] Aux@lemmy.world 1 points 6 months ago (1 children)
[–] whostosay@lemmy.world 1 points 6 months ago

Agreed, but it could be better everyone and I hope you also strive to make that happen. Take care