If it can be done great. Wall Street is a lot more than stock prices. It's seed capital, it's bond issuance, it's futures trading that keeps prices reasonably steady. It's absolutely necessary in an economy our size.
The Russians Are Coming, The Russians Are Coming!
- Thread starter Sportello
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But tell me, if they work hard to make that small business viable, to make it grow, should they give an equal share to their employee/s? If they don't should the employees just take their business from them?
its a bad idea to put all the decision making power in so few peoples hands
in addition, the business does not work without the workers. but the reverse is not true: there would be businesses that are simply worker managed and run. its not okay to profit off of workers and to boss them around undemocratically.
to answer your second question, UK almost had a small revolution which wouldve given workers first right to buy out businesses that are being sold and turn them into cooperatives.
And where do these workers get the money to start these businesses? I know it can be done starting small but businesses also fail all the time.
Overpaid Union Thug
Well-Known Member
wilberforce15
Well-Known Member
The worker-owned cooperative would be privately held.
This is a viable, even superior, model from both a union and social perspective.
You don't need a union when the workers are the owners.
Mondragon Corporation - Wikipedia
This should be encouraged. Screw Wall Street. Lefties shoudl love it for how good it is for workers. Righties should love it because these co-ops keep people off the government dole.
wilberforce15
Well-Known Member
And what is my name?
i posted a link with a video please grow up
Overpaid Union Thug
Well-Known Member
Oh I’m sorry. While scrolling ricky what’s his name’s numerous long irrelevant posts I must have subconsciously associated the pink avatar with you.
wilberforce15
Well-Known Member
Eventually, OldTimer's Disease will change this, but for now I do know my own name.Oh I’m sorry. I had subconsciously associated the pink avatar with you.
DriveInDriѵeOut
Inordinately Right
LMFAOThe worker-owned cooperative would be privately held.
This is a viable, even superior, model from both a union and social perspective.
You don't need a union when the workers are the owners.
That's the best example. Management salaries far below all peers. All kinds of industries successfully penetrated, from finance to manufacturing, with this model and a stable, successful, 10B+ revenue set of worker cooperatives (almost 100k workers) make it happen.Mondragon Corporation - Wikipedia
en.wikipedia.org
This should be encouraged. Screw Wall Street. Lefties shoudl love it for how good it is for workers. Righties should love it because these co-ops keep people off the government dole.
Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base.
I wonder if Elon is saying screw Wall Street? Maybe his workers can seize the means of production?The worker-owned cooperative would be privately held.
This is a viable, even superior, model from both a union and social perspective.
You don't need a union when the workers are the owners.
That's the best example. Management salaries far below all peers. All kinds of industries successfully penetrated, from finance to manufacturing, with this model and a stable, successful, 10B+ revenue set of worker cooperatives (almost 100k workers) make it happen.Mondragon Corporation - Wikipedia
This should be encouraged. Screw Wall Street. Lefties shoudl love it for how good it is for workers. Righties should love it because these co-ops keep people off the government dole.
DriveInDriѵeOut
Inordinately Right
You love them.Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base.www.goldmansachs.com
It's why you support the big government covid policies they profited from. You are a slave boy.
DriveInDriѵeOut
Inordinately Right
wilberforce15
Well-Known Member
Just your hatred of private ownership of the means of production talking.
wilberforce15
Well-Known Member
No, he's not. Elon isn't a good guy.
I'm not sure why people think that I like him.
he doesnt want small biz. he wants employees renting themselves instead of owning their jobs
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