Comment on Billionaires shouldn't exist

• Kitathalla@lemy.lol ⁨1⁩ ⁨day⁩ ago

  Easiest implementation would be shares start getting shared to all other employees. No more big owner when profits come from the laborers.

  source

  • Katana314@lemmy.world ⁨2⁩ ⁨hours⁩ ago

    Genuine question: How would this apply to private companies like Valve? Do they still follow principles of share distribution even if they’re not on the public stock market?

    source
  • SippyCup@feddit.nl ⁨23⁩ ⁨hours⁩ ago

    Could you imagine the talent pool the most profitable companies would have if all net profits over X billion dollars were automatically redistributed to it’s labor force? Suddenly the wealthiest middle class on earth would be in the US until then somehow clawed that money back.

    source

    • AbsoluteChicagoDog@lemm.ee ⁨19⁩ ⁨hours⁩ ago

      That’s how it should be. When you actually think about how a few rich people who don’t actually do the work get to “own” the entire company it’s absurd.

      source
• Pacattack57@lemmy.world ⁨19⁩ ⁨hours⁩ ago

  Companies are not people. That court case needs to be overturned. Companies can be worth more. People should not have that much money.

  source

  • pumpkinseedoil@mander.xyz ⁨19⁩ ⁨hours⁩ ago

    People don’t have that much money. They have companies that are worth that much.

    source