this post was submitted on 22 Aug 2024
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If they owned shares, yes. If they didn't, then why should they? The owners of the company sold the company at a massively overinflated valuation, so the shares were "worth" a lot of money. This really isn't a complicated situation.
Because the only ethical kind of company is a worker-owned co-op. It should not have been possible for employees to not own shares, but it was, and that's bad.
I personally try to avoid absolutes. I would have probably said, "a more ethical kind of company...", but totally agree. Also really wish more people understood and supported co-ops.
So you believe that workers should pay to work at a company that is operating at a loss, right?