4 ms·

Can you quantify “most” please? Specifically what do you mean that “most” labour has a stake in the system? Which companies have a labour majority stake, stocks

• FredPret 3y ago
  I didn't say "majority stake". Most people have a stake, period. Everyone with a pension, everyone who owns even one share, everyone who owns their house or any land. These are people with real power in the system, and even if it's not a majority, it's really almost impossible to be a tyrant when there's lots of minor centers of power spread very wide throughout society. Even for "the rich" who own the majority of assets - there are millions upon millions of such rich people in the US. They will never all agree on everything.
  • orf 3y ago
    You said most people have a stake, and I asked you to be specific about that. And you didn’t. When you say most people have a stake, are you saying 51% or above of people have a stake? Can you quantify that to clarify your point? 40% of Americans rent. Do they have a stake?
    • FredPret 3y ago
      Oh my god dude.
      • orf 3y ago
        > No, they are the owners of the system, or at least most of then have a stake. Seems like a pretty simple statement to back up. Weird that you won’t.
  • Dylan16807 3y ago
    The defining characteristic of capitalism is how companies are owned. Land isn't part of it. And most people have negligible stakes in companies. Pensions don't spread power very much. A whole bunch of people sharing power near the top is good for avoiding tyrrany yes, but it doesn't stop normal people from being treated as assets, which was the claim being made.