3 ms·
If the employees only "own" part of the company while they're employed in good standing, that's not ownership at all. They're just leasing that share, and payin
by 0815test 7y ago
If the employees only "own" part of the company while they're employed in good standing, that's not ownership at all. They're just leasing that share, and paying for it quite dearly with 996-ICU work, for that matter. While control and decision-making authority is definitely not held by those employees.
- xfs 7y agoThe employees do own permanent 'shares' and enjoy proportional dividends but they cannot liquidate the shares at market price when they quit the company. This is socialist collective ownership for you. Like I said, the employees paradoxically do not own the company in the private property sense but in the collective sense. You can say the same thing for any socialist countries. It would be naive to judge it as simple kleptocracy.