> > I never cease to be amazed at the companies that go out of business, > rather than constructing some sort of employee leveraged buyout deal, to > allow the employees to put some sweat equity in to turn the companies > around. If stupidity were made to be illegal, this would be at the top of > my list.
That's a brilliant idea! I think the real problem, though, isn't stupidity; it's ignorance. That approach never crosses anyone's mind, because it's not a part of our cultural awareness. If you want to see things change for the better, share this idea with other people -- especially those who own or run companies or are close to them -- and correct the ignorance. On Wed, Mar 27, 2013 at 9:59 AM, Steve Richfield <steve.richfi...@gmail.com>wrote: > Aaron, > > On Wed, Mar 27, 2013 at 7:50 AM, Aaron Hosford <hosfor...@gmail.com>wrote: > >> An unfortunate consequence of a free market is the unequal >>> distribution of wealth. That is why we tax the rich and give to the >>> poor. Either way, you benefit. >> >> >> If more businesses were cooperatives, this wouldn't be the case. The free >> market alone is not the cause of unequal wealth distribution. It's the >> combination of the free market and our cultural habit of accepting the role >> of employee versus part owner for those workers who are not central to the >> effort. If we as a culture were more in the habit of sharing a small >> portion of ownership of a company to motivate people to work in addition to >> giving them a paycheck, then when jobs get automated away, everyone would >> win instead of just a few. >> > > The problem here is that when you have a MIX of cooperatives and > corporations, the corporations amass wealth during good times and > eventually overcome the cooperatives. > > The special advantage of cooperatives is that they can operate at a "loss" > (where their employee/owners work for less money) much longer than can > corporations, so they are better able to survive bad times. > > I never cease to be amazed at the companies that go out of business, > rather than constructing some sort of employee leveraged buyout deal, to > allow the employees to put some sweat equity in to turn the companies > around. If stupidity were made to be illegal, this would be at the top of > my list. > > Steve > > *AGI* | Archives <https://www.listbox.com/member/archive/303/=now> > <https://www.listbox.com/member/archive/rss/303/23050605-2da819ff> | > Modify<https://www.listbox.com/member/?&;>Your Subscription > <http://www.listbox.com> > ------------------------------------------- AGI Archives: https://www.listbox.com/member/archive/303/=now RSS Feed: https://www.listbox.com/member/archive/rss/303/21088071-f452e424 Modify Your Subscription: https://www.listbox.com/member/?member_id=21088071&id_secret=21088071-58d57657 Powered by Listbox: http://www.listbox.com
