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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (10520)2/1/2006 4:05:34 PM
From: Lane3  Read Replies (2) | Respond to of 541853
 
Its unclear from your post but are you also arguing that companies that are privately owned and not-publicly traded would have to be turned over to employee ownership over time?

The basic problem with IP's idea, I think, is that it forgets that capital comes from the stockholders. I don't see how anything that ignores this can work. We wouldn't have any companies in the first place if you didn't get shares for your investment.



To: TimF who wrote (10520)2/2/2006 10:22:09 AM
From: TigerPaw  Read Replies (3) | Respond to of 541853
 
No they don't. They have no capital tied up in the business

You are still hung up over the idea that only gold and land are capital. That is the concept I have refered to as obsolete. Years of labor should also be treated as capital in the business.