I get the sentiment and I’m all for workers sharing in profits, but what do they really risk by working at a company? Sure, the company can fail and they might be stuck in a bad situation, but shareholders and owners probably have it worse in that scenario, right?
They don’t lose their life if a company goes under though? I don’t mean to diminish the contribution of workers. I think they need a much higher share of what companies take in, and they need more voices at their companies.
Depends, are you considering the fact that 90% of stocks are owned by the top 10% of Americans? Also are you considering that being in the top 10% means you likely have rich friends and family that could bail you out? I think black rock is going to be fine.
Most businesses aren’t like my friends parents little Chinese restraunt.
To me using the, “think of the shareholders” line is silly for a reason. The biggest privilege is the privilege to make mistakes without becoming impoverished. Workers have it much harder in that respect.
You make a good point that the shareholder/business owner class is more likely to have better safety nets. So from that standpoint, if the absolute value of their loss is greater, it could have a much less significant impact on their lives.
I think you may be underestimating the amount of small businesses though, at least in the US.
Yes, and the workers risk nothing, or something like that, I’m told. 😂
I’m pretty sure the users risked a lot too for this one
I get the sentiment and I’m all for workers sharing in profits, but what do they really risk by working at a company? Sure, the company can fail and they might be stuck in a bad situation, but shareholders and owners probably have it worse in that scenario, right?
Workers give their entire lives.
They don’t lose their life if a company goes under though? I don’t mean to diminish the contribution of workers. I think they need a much higher share of what companies take in, and they need more voices at their companies.
Remind me, who is it that gets laid off first when the line starts going down…
Depends, are you considering the fact that 90% of stocks are owned by the top 10% of Americans? Also are you considering that being in the top 10% means you likely have rich friends and family that could bail you out? I think black rock is going to be fine.
Most businesses aren’t like my friends parents little Chinese restraunt.
To me using the, “think of the shareholders” line is silly for a reason. The biggest privilege is the privilege to make mistakes without becoming impoverished. Workers have it much harder in that respect.
Edit: grammer
You make a good point that the shareholder/business owner class is more likely to have better safety nets. So from that standpoint, if the absolute value of their loss is greater, it could have a much less significant impact on their lives.
I think you may be underestimating the amount of small businesses though, at least in the US.