Genuine question: How would this apply to private companies like Valve? Do they still follow principles of share distribution even if they’re not on the public stock market?
Could you imagine the talent pool the most profitable companies would have if all net profits over X billion dollars were automatically redistributed to it’s labor force? Suddenly the wealthiest middle class on earth would be in the US until then somehow clawed that money back.
That’s how it should be. When you actually think about how a few rich people who don’t actually do the work get to “own” the entire company it’s absurd.
Easiest implementation would be shares start getting shared to all other employees. No more big owner when profits come from the laborers.
Genuine question: How would this apply to private companies like Valve? Do they still follow principles of share distribution even if they’re not on the public stock market?
Could you imagine the talent pool the most profitable companies would have if all net profits over X billion dollars were automatically redistributed to it’s labor force? Suddenly the wealthiest middle class on earth would be in the US until then somehow clawed that money back.
That’s how it should be. When you actually think about how a few rich people who don’t actually do the work get to “own” the entire company it’s absurd.