7 ms·
If you buy stock in a company during an IPO, enabling it to buy equipment, make things, and sell them at a profit, you get some of that profit back forever. If
by hackermatic 3y ago
If you buy stock in a company during an IPO, enabling it to buy equipment, make things, and sell them at a profit, you get some of that profit back forever. If the company invests some of its profits to keep growing, you get even more profit back over time.
If you work for a company, making things that the company sells at a profit, you get your day's wages. If the company invests some of its profits to keep growing, you get the same day's wages as before. If you find a process improvement that increases profits even more, you get the same day's wages as before, plus maybe a one-time bonus or fixed raise.
A company with money and equipment but no workers can't do anything and won't make a profit. So why aren't the workers entitled to a share of that profit for investing their time and effort (and opportunity cost) just like the people who invest money? Even the equipment makers get a share of the profit or revenue sometimes.
- williamtrask 3y agoThere’s quite a few “if”s here that imply those at the bottom are able to partake in the financial maneuverings of those at the top.