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Old Posted Nov 9, 2022, 7:26 PM
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djforsberg djforsberg is offline
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Join Date: Sep 2006
Location: Regina, SK
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Quote:
Originally Posted by P&M40BELOW View Post
So you are suggesting that the person who makes the business plan, negotiates with the lender, who takes on all the financial risk should not be the main benefactor. You’re suggesting that the one who takes the risk should not be rewarded, but the person who shows up with nothing at risk and everything to gain should gain more. That’s not only theft or entitlement of the extreme, that’s how you kill all incentive to advance yourself and society.
Lol, there is practically no financial risk in today's "too big to fail" capitalist society. Get real. The coming recession is not going to hurt most of those in the top 5% of wealth holders, while everyone else will absolutely suffer. What I am suggesting is that businesses should be owned by the actual workers. This absolutely would better incentivize businesses to advance and improve society. This is the opposite of most companies today who are are protected by pro-corporate governments and are focused on profits for shareholders who typically don't live in the communities they operate in. Anyone who thinks the crony capitalism we live with today is helping advance individuals or societies is clearly living in a bubble.
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