3 ms·
I am not a fan of Warren or Bernie would do have some practical questions for how this might function for someone who believes this is a good idea. I am skeptic
by bb2018 8y ago
I am not a fan of Warren or Bernie would do have some practical questions for how this might function for someone who believes this is a good idea. I am skeptical but open-minded.
- Does every employee get an equal vote? Is it weighted at all by seniority, hours worked, salary? In a company like Starbucks where most employees are baristas what would stop them from joining forces with a small number of investors and looting the company's assets?
-Do employees get a vote if they are contractors? Could a company simply set up hundreds of shell corporations and hire those corporations to prevent employee votes? If not, would you get a vote at every company you contract for?
-Is there any concern that this could lead to a slowdown of new hiring? Right now a company may make 1B in income in a year and decide to invest the majority of it to open new locations or expand business. Do we think this would ever happen under this system - or would that money be given as short term profit? Would employees not want expansion which could possible benefit "the corporation" in the long run because it would cut into their bonus that year.