3 ms·
>If companies distributed all of the gains in terms of stock awards to employees Then there would be no incentive for investment.
by tonyedgecombe 5y ago
>If companies distributed all of the gains in terms of stock awards to employees
Then there would be no incentive for investment.
- AnimalMuppet 5y agoExactly. And investment includes buying the tools that lets the worker be productive enough to create a surplus. There's three people (or entities) in this: the one who makes the tool, the one who buys the tool, and the one who uses the tool. All of them need some of the rewards from the increased productivity that the tool empowers, otherwise we stop getting tools that let us be more productive, and we're all worse off. So you have to pay both the capitalists and the workers. Now, you can argue that the pendulum has swung too far in the direction of the capitalists. That's a defensible position. But the answer is not to move to "the workers get 100% of the gains". That's going to leave everyone worse off, including the workers.
- heavyset_go 5y agoThere would be if employees themselves were worker-owners.