>>>"Sure, but then they have it, and that's great. Being rewarded for your work is good. Problem is, they have to do nothing to maintain it. After an initial period of work, they have it forever. Whereas a worker who comes in afterward has no access, and even though they also put in a lot of work, they won't get any ownership."
I agree with the point that it is "too bad" the worker will work 30 years and never gain ownership.
But ... if the worker doesn't like it, why doesn't he start a business?
And ... is it right for government to forcibly take a piece of ownership away and give it to the worker? Is that the proposed solution?
Gosh, when you look at this discussion, you ask yourself, "Why on earth would anyone sign up to be a perpetual worker?"
BUT -- there's a lot more to a business than just the skilled work. There's marketing, capitalization decisions, strategy, etc. Seems the businesses who are best at that will outcompete the others. I guess that then makes the argument for "professional management" (I promise I did not set out towards that goal ... I stumbled there by "thinking out loud").
I agree with the point that it is "too bad" the worker will work 30 years and never gain ownership.
But ... if the worker doesn't like it, why doesn't he start a business?
And ... is it right for government to forcibly take a piece of ownership away and give it to the worker? Is that the proposed solution?
Gosh, when you look at this discussion, you ask yourself, "Why on earth would anyone sign up to be a perpetual worker?"
BUT -- there's a lot more to a business than just the skilled work. There's marketing, capitalization decisions, strategy, etc. Seems the businesses who are best at that will outcompete the others. I guess that then makes the argument for "professional management" (I promise I did not set out towards that goal ... I stumbled there by "thinking out loud").