condescendingexaggeration on Nostr: The billionaires we all know and love were born into money and used that money to buy ...
The billionaires we all know and love were born into money and used that money to buy assets and companies that generated them more money. They didn't "work hard" to earn it.
The system doesn't seem fair to me. The profits of a company end up going to the owners and investors and not to the actual people that work and manage it.
It would be better for society if the people who actually run the workplace had control over it and directly benefit from the profits the company generates, instead of so much money going to owners and investors who have never even visited the place they get profits from.
This would also make people more hard-working and involved at their workplace, because doing things more efficiently and automating tasks would mean more profits, and not being fired because you are no longer needed...
Imagine every employee doing their best because they have an incentive to make profit for their own company. Imagine the employees making decisions - as opposed to the investors who are clearly less knowledgeable than the actual people who run the company.
This sounds like a golden age of entrepreneurship and competition to me.
The system doesn't seem fair to me. The profits of a company end up going to the owners and investors and not to the actual people that work and manage it.
It would be better for society if the people who actually run the workplace had control over it and directly benefit from the profits the company generates, instead of so much money going to owners and investors who have never even visited the place they get profits from.
This would also make people more hard-working and involved at their workplace, because doing things more efficiently and automating tasks would mean more profits, and not being fired because you are no longer needed...
Imagine every employee doing their best because they have an incentive to make profit for their own company. Imagine the employees making decisions - as opposed to the investors who are clearly less knowledgeable than the actual people who run the company.
This sounds like a golden age of entrepreneurship and competition to me.