4 ms·
what possible incentive would the owner of a company have to give workers equity/profit sharing while keeping all of the risk for himself?
by adamrezich 3y ago
what possible incentive would the owner of a company have to give workers equity/profit sharing while keeping all of the risk for himself?
- deleted 3y ago[deleted]
- phone8675309 3y agoThe owner isn't keeping ALL the risk - the employees risk the company going out of business under them if the owner fails even if they have no direct control over how the business is run. If we're going to acknowledge risk (and we should), then we need to acknowledge that risk as well.
- adamrezich 3y agononsense. when you accept a job at a company, the only "risk" you're taking is that said company will go under at some point in the indeterminate future, for reasons outside your control. if that happens, you file for unemployment benefits if need be, and find a new job—you're not putting any work into the company that's not directly reimbursed by your paycheck and benefits. this is completely and fundamentally unlike risking your own capital to start a new business. the two aren't even remotely comparable. if you think they are, then, once again: why are there so few co-ops, and even fewer started from unions? it's almost as though astoundingly few people want to take actual risks, as opposed to working a job for a paycheck and benefits.