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0 pointsozim1y ago0 comments

Most of companies in the world are not pension funds or F500 or that company in the article - my take is that it is misguided also to label "one single company owner takes all" because that is not true.

Most of companies in the world are mid to small size companies that cannot survive 2 years continuous loses without taking a loan to pay their employees. Those loans are not "mortgage rate" like 2% but more like 20% and it sinks those companies quite a lot.

Most company owners are not Elon Musk or Bill Gates or Steve Jobs as people would like to imagine and unfortunately most of arguments I see are like 99% of company owners would be flowing in riches like ones mentioned ... just to remind Steve Jobs died of cancer and all the money he had did not help him (like Walt Disney who is frozen /jk)...

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panarky1y ago

So for the companies you're talking about, the ones that can't or won't retain profits from good years to ride out bad years, it doesn't really matter whether the shareholders are employees or not, the employees are still out of work with zero income.

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