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Joined 1 year ago
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Cake day: July 2nd, 2023

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  • You can buy a part of company. If you buy 0.00001% of that company, you surely won’t take part in the decisions as your vote does not matter. From the other side, if millions of people owning 0.00001% of the company were making decisions, it would have been very slow to respond to the competition.

    It’s all quite simple. If you disagree with company’s management, just sell the stocks. And no one is saying that company’s stock will be worth more next month.





  • Company is not a charity. There is a difference.

    Suppose that dropbox employs twice as many people as other cloud providers. Would you be willing to pay them the twice amount for the same product the competition offers just because they employ more people?

    You know, we live in the world of competition where you need to be ahead your rivals, otherwise your company fails (and all employees lose their jobs). So cutting costs where it’s possible makes perfect sense, especially if the employees can be replaced by computers or sth.













  • First of all, you said regular people cannot benefit from companies’ growth, which is clearly false, because as per my previous reply, you can easily buy their stocks and become one of the shareholders. They even pay you dividends and your wealth grows.

    Second issue you mentioned can be easily fixed by having competition in the market. When there are more companies, they have to improve conditions for workers, otherwise they will end up working for the competition. If no company in the market does it, thanks to capitalism you can start you own, offer the best conditions for your employees and they will come to you from the competition. Last but not least, whilst I agree lowering taxes does not necessarily mean rising people’s wages, it at least motivates people to start their own company (which creates more competition and that’s what we want). And yes, people who run the company are equally as important as the workers. It’s literally their responsibility to make decisions regarding the company’s direction. If you have a terrible management, the company goes bankrupt and workers, just like the people who run the company, lose their incomes.

    With last statement I agree, US has the space to invest into free medicare, however at the cost of having less influence over the world.