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Gradually over the course of ~12-36 years, depending on the number of employees. If you started your business, say, Bamazon, 25 years ago or whatever, and its
by kaibee 4y ago
Gradually over the course of ~12-36 years, depending on the number of employees. If you started your business, say, Bamazon, 25 years ago or whatever, and its year 26, you're a trillion dollar corporation, etc, most of the new value add happening at Bamazon isn't down to the CEO's brilliance anymore, just because of the sheer scale of Bamazon. So by then most of that new value add should be going to the workers. Bezos would still have become a billionaire or whatever. And you can implement this pretty straight forwardly actually by just printing new shares for workers as part of their total comp.
- friedman23 4y agoThis is nice in theory. What do you think happens in practice? People have two primary motivations for starting businesses. Money and independence. For the half that value independence, they will not hire people and all their businesses will remain lifestyle businesses. I actually don't think it's nice in theory either btw. How does employee control benefit society at large? It only benefits employees. Employees will just pay themselves as much as they can for the least amount of work possible. It's the same reason price controls on housing are dumb. It just creates an entrenched class of individuals. If adding more employees to the business means the employee share of profit shrinks, they will just hire less.