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how have the shareholders siphoned off money? dividends? Has amazon ever paid a dividend? does capital investment provide no value? If "shareholders" suddenly
by abfan1127 2y ago
how have the shareholders siphoned off money? dividends? Has amazon ever paid a dividend?
does capital investment provide no value? If "shareholders" suddenly sold the stock, would the workers dump money into the organization to keep it afloat?
There are a whole host of logical fallacies here.
- xyzzy123 2y agoWhen an activity produces an economic surplus there's a pretty obvious conflict that occurs in terms of how that surplus will be distributed between workers and capital owners. You can search for "productivity vs compensation" to see the classic graph that shows compensation and productivity decoupling around 1980 in the US. One such is e.g: https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/ or for Australia (because that's where I live) over a different timeframe: https://www.abs.gov.au/articles/has-worker-compensation-reflected-labour-productivity-growth https://www.abs.gov.au/articles/has-worker-compensation-refl... - I'm not sure anybody has conclusively identified the root cause although a lot of people have ideas.
- carlosjobim 2y ago> If "shareholders" suddenly sold the stock, would the workers dump money into the organization to keep it afloat? Mature businesses don't make money by selling shares, they make money by selling products and services that the workers make. Share value is not of that huge importance.