"On one side we have the factory workers and on the other the people who supplied the capital to create the operation. And, in the middle of course many levels of “white collar” workers."
What if I told you workers are the source of most capital and that so called capitalists were actually using wealth of the workers for their own means? It's not so radical really but the drumbeat of so-called capitalism drowns out all other sounds. And nobody listens to Cassandra though, do they?
I've had conversations about corporate capitalism and I've been told more than once, and this is supposed to be a defense, that stocks are owned by school teachers, and policemen, and workers all about. Think about that. And the (not so) funny thing is, it's true! The controlling ownership of corporation in this country is owned by institutional investors using money from the people above. So, that time once a year, when it's time to vote, or when it's time to call the boar or the CEO, do workers get a ballot, private phone line, a sit down conversation? No. The institutional investor does all that thanks to workers and the money of others.
There are politicians proposing bills to make woke investing illegal for institutional investors. Never mind none of our employers force choose a woke institutional investor to take our money. My employer, for instance, chose an incredibly right wing self avowed Ayn Rander group for it's workers. It's a joke and a scam. Employees already own the companies, the system is just rigged so they don't control them.
"On one side we have the factory workers and on the other the people who supplied the capital to create the operation. And, in the middle of course many levels of “white collar” workers."
What if I told you workers are the source of most capital and that so called capitalists were actually using wealth of the workers for their own means? It's not so radical really but the drumbeat of so-called capitalism drowns out all other sounds. And nobody listens to Cassandra though, do they?
I've had conversations about corporate capitalism and I've been told more than once, and this is supposed to be a defense, that stocks are owned by school teachers, and policemen, and workers all about. Think about that. And the (not so) funny thing is, it's true! The controlling ownership of corporation in this country is owned by institutional investors using money from the people above. So, that time once a year, when it's time to vote, or when it's time to call the boar or the CEO, do workers get a ballot, private phone line, a sit down conversation? No. The institutional investor does all that thanks to workers and the money of others.
There are politicians proposing bills to make woke investing illegal for institutional investors. Never mind none of our employers force choose a woke institutional investor to take our money. My employer, for instance, chose an incredibly right wing self avowed Ayn Rander group for it's workers. It's a joke and a scam. Employees already own the companies, the system is just rigged so they don't control them.
The top 10 "owners" of Apple:
The Vanguard Group, Inc. 7.89%
Berkshire Hathaway, Inc. (Investm... 5.82%
BlackRock Fund Advisors 4.26%
SSgA Funds Management, Inc. 3.68%
Geode Capital Management LLC 1.85%
Fidelity Management & Research Co... 1.71% 2
T. Rowe Price Associates, Inc. (I... 1.44%
Norges Bank Investment Management 1.06%
Northern Trust Investments, Inc.(... 0.94%
JPMorgan Investment Management, I... 0.71%
CNN Business