3. The richest 1% own 50% of stocks held by American households

The richest 1% own 50% of stocks held by American households

Why wouldn't they? It is directly in the workers interest to grow the business if they own stocks in it.

I believe business people call it "incentive"

Are you kidding me. A worker has no interest to grow the business if he owns stock in it. Look at Amazon or any big tech company the hands out stock options. The moment they get the highest price bam there goes huge waves of cash outs.

The only difference between workers owning part of the company and investors is that no company will ever be able to keep enough of its stock with the workers for any amount of time without spending literally all their money to buy back and regive their stock to their workers.

/r/TrueReddit Thread Parent Link - yahoo.com
Previous
Next

Recently removed from /r/TrueReddit

We’ve All Been Way Too Accepting of Inflation. It’s time customers push back against price increases. Corporate profits shouldn’t grow at the expense of the economy. Millennials are shattering the oldest rule in politics. Western conservatives are at risk from generations of voters who are no longer moving to the right as they age UA professor is dead because no one took antisemitic threats seriously enough Understanding "longtermism": Why this suddenly influential philosophy is so toxic Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire” How Miami Decided Parking Is More Important Than Housing Will China replace the U.S. as world superpower? A new book asks whether capitalism is compatible with public health. (The answer is no) Beware of Greeks Bearing Bonds Racism, Not Genetics, Explains Why Black Americans Are Dying of COVID-19 Peruvian coca farmers to Paris pushers, coronavirus upends global narcotics trade ‘We can’t go back to normal’: how will coronavirus change the world? The Great Empty As the world loses faith in democracy, leaders of vision are desperately needed France Tried Soaking the Rich. It Didn’t Go Well.

More Random Comments

I watched “Hollow Man” (2000). AITA for wasting food? Adults of Reddit, what does your sex life look like? JH posts life update/GRWM Video [USA][VA] Prolonged an impatient nissan driver's commute! Public service announcement During sex when was the quickest time you orgasmed in? What caused you to cum so quick? Young people that have given up on the property market, What are you saving for? Test Post Afternoon random discussion - Feb 04, 2020 WIBTA if I told my mom that my Grandma and Dad are planning on taking my brother to the Guidance Center and suggesting that my dad talk to my mom first? Iguodala did nothing wrong and people are just being reactionary Fox News reporting Chinese are overwhelmed and absolutely not telling the truth in their numbers. Ottawa to adopt ‘red flag’ laws to allow courts to confiscate guns from people deemed to pose a threat Bye...