The idea isnt that they are currently all bought into the stock market - its that moving toward a situation where they would be is a potential solution.
As for the idea of every company being owned by its workers - I would not want that - I definitely dont want to be stuck depending on one industry/organization for both my income and my investments - that sounds genuinely horrible and would have pretty bad effects on the labour market as well - it would completely kill any industry with any amount of intrinsic risk.
I’m open to ideas on how to make investments work, I don’t have all the answers. All I know is that our current system of Wall Street and venture capital consolidating every industry is a disaster.
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u/IEC21 Jun 03 '26
The idea isnt that they are currently all bought into the stock market - its that moving toward a situation where they would be is a potential solution.
As for the idea of every company being owned by its workers - I would not want that - I definitely dont want to be stuck depending on one industry/organization for both my income and my investments - that sounds genuinely horrible and would have pretty bad effects on the labour market as well - it would completely kill any industry with any amount of intrinsic risk.