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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (8312)3/13/2001 7:32:47 PM
From: thames_sider  Read Replies (1) | Respond to of 82486
 
Actually I was referring to the literal definition of a capitalist; that is, one who owns a stake in the profits of an enterprise without working for it - an investor. Owning - and buying or selling - shares in a company makes you by definition a capitalist, in that you aim to make a gain by the use of your capital in an enterprise.
If you believe that an enterprise should be owned by the workers in said enterprise, then as a socialist you wouldn't buy shares in it and hope/expect to gain from the profits on others' labour...

Which leads me on to the thought... if share options grant the majority of the equity (value) in an enterprise to the workers in that enterprise, does this means that staff options are a socialist tool, and wholly-private companies where the staff own all the equity are pure socialist bodies?
LOL. Is that a novel approach?