| ▲ | auggierose 5 days ago | ||||||||||||||||
Who decides who gets hired and fired at that company? How is the coefficient determined? Are we talking about amount of work, or how much your work has contributed to the bottom line of the company? I don't see that changing anything. As long as there is private property, and you can sell your work for compensation, the rest pretty much follows. | |||||||||||||||||
| ▲ | martin-t 5 days ago | parent [-] | ||||||||||||||||
> How is the coefficient determined? Negotiations, just like salary today, except all sides negotiate with the same leverage. > As long as there is private property, and you can sell your work for compensation And that's why I think work should automatically give ownership by law - and therefore decision making power. See, slavery used to be legal too but then enough people decided it's too exploitative, picked up rifles and changed it. Employment is similar, instead of owning a full person, rich people own the entire economic output for 8 hours a day and instead of flogging, they fire workers they don't want. It's less bad but the same principle with more indirection. | |||||||||||||||||
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