Employees are allowed to buy company stock and vote using it just like anyone else. Many companies even have employee stock purchase programs. What’s the problem ?
Employees are allowed to buy company stock and vote using it just like anyone else.
And vote with what money? Income inequality is arguably as worse as it has ever been. More and more workers are forced to live on wages that can’t even cover their basic needs, let alone buying power, while the capitalist/owning class is hoarding unbelievable wealth.
How can workers vote with their money to overturn a system designed by wealthy employers to make themselves as wealthy as possible (a system that involves keeping employee wages as low as possible, btw)? That’s the fucking problem, lmao.
Consider this: Wealth inequality in America today is worse than it was in ancient Egypt. Your “solution” is like asking asking what’s the problem with the slaves of ancient Egypt not buying their way into power.
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those shares don’t give you voting rights
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those shares amount to a tiny fraction of the total value of the company
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without the employees there would be no company
you try to square those three facts
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So all those times I’ve gotten mail about using my shares to vote, what was that about exactly?
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Of course they do, I don’t expect a given employee who isn’t the owner or high level exec to have a larger fraction of ownership.
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So what? What’s your point?
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Mostly it was about fooling you into thinking that, as a worker, you have even an iota of power within that company.
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You: “The owners deserve all the value that results from owning the company and not the workers because the owners own the company, duh.” Reread what you said and note the ridiculous circular logic.
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The company would continue to function perfectly fine without the owner(s), yet would immediately cease to function or even exist without the workers. The only role the owner plays in the company (that the workers operate), is to siphon the value away from the workers who made it and unto themselves.
