> But what about the labor class being the owning class? What if Amazon was owned by the people who work at Amazon? Instead of Bezos?
I wonder how many people who repeat things like this know that Bezos owns less than 10% of Amazon. About 2/3rds of Amazon is owned by institutional investors, much of which is in turn owned by individuals in their 401ks and other retirement plans. So "the people" own more of Amazon than Jeff Bezos already.
If you're implying that the government should confiscate Jeff Bezos' personal ownership stake in the business he created and redistribute it to other people, that's a very different topic. It's in the realm of fantasy, not reality, so I don't consider it very interesting. At minimum, it should be noted that if the government gets into the business of confiscating shares from people, the value of those shares will plummet as investors move their money into safer investments, so it wouldn't be a simple numerical wealth transfer from Bezos to others.
Regardless, there's nothing stopping people from getting together and starting an employee-owned collective company that enters the market. They can compete in the market and try to hire away talent from the other corporations.
