Do executives deserve the majority of their company's output? (capitalism, union, companies)
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Except the workers lack the knowledge, experience, training, education and experience to make such decisions, and because they do, they will always fail and in the most spectacular manner.
Anyone can own Capital....they just have to want to own Capital.
Are you kidding? The examples are too numerous to list.
Little merit that you can understand.
Authority doesn't need to be derived from the workers, who would be unable to select competent leadership, because workers don't have the skills to do that.
On what basis? After how much time studying and debating the issues?
The majority of workers couldn't even read a marketing report, much less understand it.
Do you expect workers to study this material in the comfort of their own home for free? Or do you plan on paying them?
If workers are spending 20-40 hours a week studying and debating issues, when do they plan on working?
Yes, they are, and you can't provide any concrete proof to the contrary.
Capitalism has nothing to do with Wealth.
Capitalism is a Property Theory, one of three, which hypothesizes that Capital is best left in the hands of private individuals, because they are more responsive to the needs of the many markets. There is ample evidence to support that.
In Socialist and Communist Property Theories, the government has been demonstrated to repeatedly fail to meet the needs of the market.
That's because you can't face facts or reality.
On the contrary, there are many owners who are also the managers.
And you still refuse to acknowledge that anyone can start their own company....they just have to want to do it.
What you want to do is punish anyone who dare take the risk and improve the lives of others.
And everyone's Standard of Living would decline precipitously.
Yeah, we figured you have no practical experience with the Real World.
1. Fail is an interesting term that shouldn’t exist in terms of what a production center does. A production center is meant to provide goods based off of the needs of individual, not sustain or expand a larger body (company). Production capacity changes based off of the demand of the people, not the demand of competition or shareholders
2. Capital is finite and potential ownership is limited by resources available and the actual capital that is available. The problem with capitalism is that is accumulates capital into the hands of a few which then leads to a further collectivization of capital into the hands of a few. Not only does that capital control regulate access to the market for other people, but it breaks the rule of control based on ones own abilities.
3. There are none, real inventions come from the non-profit industry like the pentagon, university grants, and state sponsored R&D the markets are then given access to to market to consumers. There is a reason the scientists don’t control and profit from the IP of all these new technologies. Transistors from AT&T came from a time when AT&T had a state guaranteed monopoly which has nothing to do with the free markets
4. Nonsense
5. Again, competent leadership is a relative term, workers produce without leadership, authority only helps streamline that organization. Profit, market share, time schedules, salaries, and business deals have nothing to do with the natural function of an independent production center. Union run production centers networked together create actual market demands that are not distorted
6. Organization doesn’t have to be so rigid, there would be legislative bodies and different job applications. Either way production based off of personal needs means larger decisions for a network of production centers would be handled by the syndicate (guild) that sets regulations for all the other member production centers
7. No they’re not. Free production allows from demand/supply. In corporate production the demand is irregularly targeted based off of the wealth of certain consumer groups compared to other. And as profit is the main motive, companies work to build demand off of demand that has already been met through marketing for their supply (which is the inverse of how the system should work).
8. Property is wealth
Furthermore socialism communism is worker control of the means of production, not state
9. It’s obvious that this is not a real argument
10. By owners I mean the people who utilize the capital, not the managers or executives
11. Wrong again, Capital is finite and control of the market space is strictly regulated by the current players. The problem is that big businesses don’t want competition to their market control
12. They’d rise enormously as crime vanishes, look at the Zapatistas
One would think if the OP hates capitalism so much, they would have left America a long time ago with the evil capitalist income and money they earned here.
One would think if the OP hates capitalism so much, they would have left America a long time ago with the evil capitalist income and money they earned here.
Arguing on the internet is much easier though.
Capitalism exists everywhere. If you want to change it you have to change how the global supply system operates. There are less capitalist like countries such as Argentina with their worker cooperative set up, but as a cultural American I’d rather stay in my own country and enact change here.
Capitalism exists everywhere. If you want to change it you have to change how the global supply system operates. There are less capitalist like countries such as Argentina with their worker cooperative set up, but as a cultural American I’d rather stay in my own country and enact change here.
Yeah, but the United States has regulated capitalism. Minimum wage laws. OSHA. Workmans comp. Unemployment insurance. (Unenforced) Anti-trust laws. Regulated monopolies for electricity, natural gas, etc. The airplane I'm flying on this afternoon is regulated by the FAA. My phone is regulated by the FCC. My laptop has a UL sticker on it for safety and emissions. Cars have EPA and CARB emissions standards and all the things like 5 mph bumpers, air bags, disc brakes, collapsing steering column required by the NHSTA. We have the EPA making sure manufacturers don't pollute. It's imperfect but I kind of like breathing clean air, drinking clean water, eating safe food, driving a safe car, etc. I'd kind of prefer that the US adopt European privacy law so the evil Google doesn't know everything about me and sell it to anyone who shells out the cash. I'm not particularly happy with the poorly regulated broadband monopoly where the evil Comcast is using monopoly income to buy all the content providers. I'm generally unhappy that corporate lobby money has bought & paid for Washington DC.
Capitalism is the greatest force for good ever invented by mankind. Corporations are the most efficient organizational method for implementing Capitalism, and are responsible for the elevation of more human beings out of bone-crushing abject poverty than any other invention of mankind.
Capitalism is the greatest force for good ever invented by mankind. Corporations are the most efficient organizational method for implementing Capitalism, and are responsible for the elevation of more human beings out of bone-crushing abject poverty than any other invention of mankind.
Capitalism is a structured state invention upheld by state subsidies, urban planning, and federal regulations, and market control by US diplomatic and military forces in oversea territories.
Without state protection corporate power would collapse and people could organize freely. Real capitalism exists in places like Nigeria and post colonial Libya.
Yeah, but the United States has regulated capitalism. Minimum wage laws. OSHA. Workmans comp. Unemployment insurance. (Unenforced) Anti-trust laws. Regulated monopolies for electricity, natural gas, etc. The airplane I'm flying on this afternoon is regulated by the FAA. My phone is regulated by the FCC. My laptop has a UL sticker on it for safety and emissions. Cars have EPA and CARB emissions standards and all the things like 5 mph bumpers, air bags, disc brakes, collapsing steering column required by the NHSTA. We have the EPA making sure manufacturers don't pollute. It's imperfect but I kind of like breathing clean air, drinking clean water, eating safe food, driving a safe car, etc. I'd kind of prefer that the US adopt European privacy law so the evil Google doesn't know everything about me and sell it to anyone who shells out the cash. I'm not particularly happy with the poorly regulated broadband monopoly where the evil Comcast is using monopoly income to buy all the content providers. I'm generally unhappy that corporate lobby money has bought & paid for Washington DC.
I agree with all this, capitalism is only upheld thanks to the state intervention you mentioned up here, there are just better models that don’t require the threat of private power.
A person deserves what they can convince someone to pay them. No more, no less. That being said,
First, executives don't get the majority of the profitability of a company, the owners do. Second, if an executive can convince someone to pay them a certain wage, good for them, that's what they deserve.
'Deserve' is a subjective term, so until we define what we mean by that, this is a pointless, subjective issue.
I agree with all this, capitalism is only upheld thanks to the state intervention you mentioned up here, there are just better models that don’t require the threat of private power.
there is not a better model, anything you think is better is because you have a grass is greener envy. your life sucking in the US doesnt mean it would not suck less if you were born in another other country
if anyone else is better, its because they put effort into making it better, have you done your part yet?
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