Originally posted by quackquackWhat do steel workers need paper money for? What will change in physical reality if they proceed without that paper money?
There is no logic to your position.
The government will stop them. That's what they need capital for, and that's all they need capital for, because paper money has no inherent value.
Originally posted by quackquackIn places which have direct worker management, there are no managers to decide things. I know that the 'rabble' deciding anything themselves without the guiding hand of 'god-like' managers is abhorrent to your philosophy, but it does happen. In places where the worker-owners elect a board of directors to handle the day-to-day running of the business, the power flows upward, not downward. The workers hire and fire the board, not the other way around. Your contention that an autocratic, command control style of management is inevitable is simply unfounded. A cooperative ethic is possible in a business setting. It has worked in the past and will become more the norm as we move forward into the future.
Every issues will not be voted on. There will be some manager whose job it is to decide things. In the end nothing will be different.
Originally posted by rwingettIts ironic that in Wall Street and bank workers do often have equity -- they often get bonuses in stock or stock options -- yet you can't say enough bad things about them.
In places which have direct worker management, there are no managers to decide things. I know that the 'rabble' deciding anything themselves without the guiding hand of 'god-like' managers is abhorrent to your philosophy, but it does happen. In places where the worker-owners elect a board of directors to handle the day-to-day running of the business, the po ...[text shortened]... It has worked in the past and will become more the norm as we move forward into the future.
Nevertheless it seems extraordinarily doubtful that worker equity would be the trend. The reality is that the average workers in a factory is fairly uneducated and cannot make good management decisions. People who invest in a project will prefer it managed by someone who is educated rather than some high school drop out.
Originally posted by AThousandYoungNews flash: on this planet people buy things with paper money. People general receive the paper money as payment for working and before you get a job there must be some infrastructure. The infrastructure is provided by capital and people who provide the capital need to be compensated.
What do steel workers need paper money for? What will change in physical reality if they proceed without that paper money?
The government will stop them. That's what they need capital for, and that's all they need capital for, because paper money has no inherent value.
Originally posted by quackquack😴
Its ironic that in Wall Street and bank workers do often have equity -- they often get bonuses in stock or stock options -- yet you can't say enough bad things about them.
Nevertheless it seems extraordinarily doubtful that worker equity would be the trend. The reality is that the average workers in a factory is fairly uneducated and cannot make goo ...[text shortened]... roject will prefer it managed by someone who is educated rather than some high school drop out.
Originally posted by quackquackJesus what next? Pretty soon people will want uneducated workers to be able to vote on which God Man will run the country; where will it end?
Its ironic that in Wall Street and bank workers do often have equity -- they often get bonuses in stock or stock options -- yet you can't say enough bad things about them.
Nevertheless it seems extraordinarily doubtful that worker equity would be the trend. The reality is that the average workers in a factory is fairly uneducated and cannot make goo ...[text shortened]... roject will prefer it managed by someone who is educated rather than some high school drop out.
Originally posted by no1marauderA wee bit melodramatic today no1. Maybe you should take a Midol.
"Jesus what next? Pretty soon people will want uneducated workers to be able to vote on which God Man will run the country; where will it end?"
...
"Obviously he's just some stupid, uneducated worker unable to intelligently converse with a Randian sycophant of rich God Men. I bet he's a parasite, too."
...
"You have no need for God; you have the rich."
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Originally posted by quackquackYes, because the government will use force to make sure this happens.
News flash: on this planet people buy things with paper money. People general receive the paper money as payment for working and before you get a job there must be some infrastructure. The infrastructure is provided by capital and people who provide the capital need to be compensated.
This is the sort of thing that happens if you don't have paper money:
http://www.eirefirst.com/archive/unit_3.html
Originally posted by rwingettDo you know of a lot of ventures that are working and profitable in this way? Every one I've heard of is now belly up.
In places which have direct worker management, there are no managers to decide things. I know that the 'rabble' deciding anything themselves without the guiding hand of 'god-like' managers is abhorrent to your philosophy, but it does happen. In places where the worker-owners elect a board of directors to handle the day-to-day running of the business, the po ...[text shortened]... It has worked in the past and will become more the norm as we move forward into the future.