I just cannot imagine having 20 billion dollars and owning the business without sharing the profits with the employees. Any employee who worked there for three years could start getting shares of stock for their loyalty and good work.
Profit sharing is becoming a thing of the past. I used to deliver to only one company that had it. When the company sold to another company, the new company got rid of it.
That doesn't mean you cannot get profits from your company, you just have to buy your own companies stock like everybody else.
What is to stop all employees from pooling their resources, setting up an LLC with voting membership, and purchasing stocks in the company until the employee LLC becomes the majority share holder?
Then, the employees could vote on how distribute profits (and do so equally among them) and executive compensation.
I have asked this question the "democratic socialists" repeatedly, but I always get either no response or some bullshit excuse. Doing the Employee LLC ownership route would meet the goals alleged goals of these "democratic socialists" without completely destroying our entire economic system in favor of communism.
But, like I said, they either ignore my suggestion or they make a litany of bullshit excuses. My guess is that these commies hate the idea because it means that they must actually work for a living, but who knows. Maybe they will see the light?
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