I prefer companies owned by many people over one person or family owning the company.
Agreed, which is why the stock market needs to go. The only way for labor to truly own their workplace is if they’re the only ones who can control it (within reason). A stock market allows for the rich to single-handedly buy up a majority of the shares and control a company.
Instead, every company should eventually be turned into co-op nonprofits.
Agreed, which is why the stock market needs to go. The only way for labor to truly own their workplace is if they’re the only ones who can control it (within reason). A stock market allows for the rich to single-handedly buy up a majority of the shares and control a company.
Instead, every company should eventually be turned into co-op nonprofits.