this post was submitted on 09 Oct 2023
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The only way this can be done in a capitalist way, is by distributing exactly one company share for every employee that's not tradeable at all, flattening the hierarchy completely, and making every decision in a direct democratic way.
Or being a cooperative business.
Profit maximization and personal gain over the many is where cooperation goes to die.
Some small companies can do a good job, and sometimes bigger ones too, but they'll be crushed by other companies that exploit their employees forcing them to do the same if they want to stay in the business.
wouldn't an untradeable share just be worthless? give employees stock options
It represents your partial ownership of the company and property