So you propose they pay you exactly the amount you make them, and the company goes broke in the process, so now you also make nothing since you don’t have a job?
No, we propose that there not be a group of people (capitalists) who own the business just so they can extract profit from the worker’s labor. The workers should collectively own the firm. We recognize that there are two primary classes in society: those who work for a wage that is less than the value they generate (the working class) and those who own a business and extract profit by underpaying their workers (the capitalist class). These classes are inherently in conflict, and the only resolution to that is socialism, which removes the capitalist class from the equation entirely.
So the people who put in the most risk and started the company get nothing more than someone who joined 20 years later? How do you expect companies to get created if the owner constantly loses more and more of their company the bigger it gets? Why risk any of this money in the company when it isn’t even his anymore?
So the people who put in the most risk and started the company get nothing more than someone who joined 20 years later?
They’ll get as much as they continue to put in.
How do you expect companies to get created if the owner constantly loses more and more of their company the bigger it gets?
State and worker directed capital funds that vet and invest in new firms.
Why risk any of this money in the company when it isn’t even his anymore?
We will structure access to capital such that we don’t depend on profit-sucking capitalists to grant it to us.
What’s the risk they take? Will they be killed if their business fails to turn a profit?
Oh no, they’ll might have to work for a wage like the people they were exploiting.
