Sure: becoming a member of a corporation costs money. You either have to pay to get it set up or buy a share to get in so those who already paid are made whole.
Unfortunately, the US as an example, our society is structured such that the majority of people here have zero savings with wages decreasing in value every year due to inflation. A person in this situation cannot produce money to buy-in; squeezing water from a stone situation.
Inflation’s been happening since currency was created. We don’t notice day to day because the effects are stretched over a long period.
Try calculating the value of a 2010 dollar against the current 2023 dollar. You’ll find the cumulative effect of ~5% inflation each year is significant.
In addition, periods exist throughout American history during which inflation has spiked noticably within a year or two - this is nowhere near the first time.
All people are essentially born with no assets, and if they want to secure wealth, they must sell their labor to achieve it.
In other words, children of parents who own an outsized number of assets do not have to sell their labor to achieve it, because it is offset by their parents assets. This inherently produces an unequal/unbalanced system where some people simply never have to work this way. This is why extremely in-demand internships at companies in places like New York City are often unpaid, and thus generally end up going to people who already have money, access, and support systems. Because only those kind of people can afford to take on an unpaid internship to move upward in the capitalist system.
This is also the source of generational poverty, because it can be really hard to escape when generation after generation are born to no assets.
All people are essentially born with no assets
False. The children of rich people are born rich. That’s a major part of the problem. It creates dynasties.
He started out with a small loan of $250,000 from his parents, in 90s $s if memory serves.
You’re just a aren’t you? Lazy workers could be billionaires if they just tried
Bezos had to start off somewhere.
Just a small loan of a quarter million dollars from his parents to bail out his failing company, which one would be hard-pressed to imagine he would have even had that much success in founding if not for his wealthy parents supporting his upbringing as they did.
Look at the current environment in America. Look at the absence of worker co-ops besides like Winco. Why aren’t there more? What factors are at play that is seemingly preventinf the natural formation of worker co-ops if they are allowed? Are children taught they can do that? Do people getting MBAs learn this in their classes? There are a lot of questions to ask here. While we do have some examples, for whatever reason they are not common here. I do think it has something to do with the resources the average citizen has available, the current ecosystems within existing markets, and all around education of the average American citizen.
Where do they get the business owner who wants to do that? Can it happen? Sure, it has. But thats not going to happen for most bussiness operation in capitalist countries. Can workers get the money to buy out their owners? Sure. But that’s not super likely in most situations either.
