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Workers Create Value
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this post was submitted on 10 Jun 2024
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Very few workers want to own their means of production. They just want a paycheck for their labor.
Because very few workers possess class conciousness due to decades of capitalist propaganda.
It's more that investing in the place you work sucks because you know how shit of an investment it is. Most people would rather own shares in the s&p500 than their place of work.
Investment Capital should not be a prerequisite for workers to own their means of production.
I just think production machinery should be properly lubricated. You types always talk about it seizing.
So they should just be made responsible for tens of thousands of dollars worth of equipment because they worked there for a week.
Yes workplaces should be a democracy, not the dictatorships that they currently are.
What does a democratic workplace look like? I've seen it work on a small scale but I can't see how having people voting on the direction of the company has any value when their job is not relevant to making those decisions.
The democracy comes in the form of shareholders. If you want a say in the company you must purchase part of the company and then you get a vote.
Nobody said anything like that. Keep straw-manning I guess?
It's not a prerequisite. It's just an option that's available to anyone who wants to own part of a publicly traded company. If you want to own it in the traditional sense go be a tradie plenty of tradies run their own operations.
And yet the C-level doesn't mind being paid in shares.
I think thats for the following reasons. Because the c manager understands the value of investment long term and they believe they can impact the company in a positive way. They also likely have more disposable income.
A factory line worker has very little control over the performance of the company. He wants his weekly pay to be in full cash and that's it because he either has less disposable income or doesnt understand the value of investment.
If the line worker wants to invest he would likely invest in another company than his own unless his company was preforming exceptionally well.
If workers were the owners they would also have decision-making power.
This isn't just about stock options, ownership in a holistic sense involves control.
I think it’s more like, imagine if all the shares of Amazon were confiscated from Bezos and his main henchmen and his original remaining backers, and then those shares were equally redistributed to Amazon employees and contractors. I don’t think the workers would disagree with that move.
Of course they wouldn't. They'd be making six figures overnight.
Honestly, every one who has talked to an owner operator can tell how much it sucks.
An owner/operator does not own a share of a large corporation. The idea of the workers controlling the means of production is that the workers collectively own the company, not that each worker owns their own dump truck.
As for most people not wanting that, I wonder if that would be true if they understood it meant that they got a share of the profits on top of their regular paycheck?