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> so many Americans have been convinced that they're actually business owners In many cases, this is true. Tesla, for example, paid their early factory workers
by buzzert 3y ago
> so many Americans have been convinced that they're actually business owners
In many cases, this is true. Tesla, for example, paid their early factory workers with stock in the company. As a result, many of the factory workers who worked on the Model 3 assembly line are now millionaires.
The US's relatively lax taxation/regulation on equity compensation is one of the reasons why tech workers in the US get paid so much more. Since they're actually literally part owners of the company, this might explain why they're usually more productive as well.