▲ | majormajor 3 days ago | ||||||||||||||||
If you're a worker with a bad boss you need other options to leave for and go to. Let's have MORE companies, not fewer. Put in strong escalating taxes to incentivize cooperation between small companies instead of bowing to the math that encourages consolidation otherwise. But if there's no private ownership, how would the different companies in the market get created and exist? | |||||||||||||||||
▲ | martin-t 3 days ago | parent [-] | ||||||||||||||||
> bad boss It's not (just) about a bad boss. It's about somebody being in a position of power who captures the entire value you produce (sales, IP, patents) and decided what fraction out of it you deserve. > But if there's no private ownership, how would the different companies in the market get created and exist? I don't see the problem. Every company starts with just a few people, maybe some machines, maybe some real estate. The issue starts when these people call themselves "founders" and everybody else becomes an "employee"[0]. Even though they are all doing the same work, employees get paid per unit of work, founders capture the remaining value produced. And then they hire "managers" who should be there to help workers be more productive but instead end up serving their own goals (see the Gervais principle). And yes: 1) the founders took some risk in starting the business. They should get rewarded based on the amount of risk and their investment. Not in perpetuity. 2) some companies need a large up-front investment. Similarly, the investory should get rewarded based on invested amount and risk, not by owning a large chunk of the company in perpetuity. Key point: as time goes on, the amount of work done by regular "working class" people completely outstrips the initial investment. The reward should go to people doing the actual work. [0]: literally meaning "person being used" | |||||||||||||||||
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