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At the current level and concept of dividends, yes. I guess I was just thinking more broadly on the idea of profit sharing, maybe it involves changing the way w
by jimkleiber 3y ago
At the current level and concept of dividends, yes. I guess I was just thinking more broadly on the idea of profit sharing, maybe it involves changing the way we look at ownership. Alaska has a permanent fund that receives money I think from oil and pays each if its citizens a part of that money. In my view, that's as if each Alaskan citizen "owns" a part of the oil industry there and received profit sharing. I think something similar might happen in the UAE.
So I'm curious what a different concept of dividend/profit sharing might look like where it can help those who aren't the medium or super rich.
- nateglims 3y agoCompanies used to sometimes offer direct profit sharing. Stocks became a preferable vehicle over time. For an alternative model, worker coops would be the most straight forward.