Comment on If we want to have any power vs. watching helplessly while people in charge fuck everything up, we should focus on democratic workplaces. Not just unions, workers should own and control the business

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1rre@discuss.tchncs.de ⁨3⁩ ⁨weeks⁩ ago

I think the best option is for workers to be able to get shares in the company they work at via an optional salary sacrifice scheme (so that it reduces the tax you pay, rather than letting you buy them with your after tax income)… If you care about the business, you can get a stake in running it, if you don’t you can collect your paycheck and go home.

The stock market shouldn’t exist however - when you leave the business you can either keep the shares, or return them to the business for “a fair price” (the amount you paid after inflation? or maybe just the current purchase price). Shares bought like this shouldn’t be able to be sold - only those owned by the founder(s) can be, with the caveat that they must be offered to workers at a reasonable price.

That system eliminates both forcing “responsibility” on people who don’t want it, as well as removing people parasites who want to destroy the business to mall a quick profit.

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