this post was submitted on 09 Feb 2024
922 points (96.8% liked)
Technology
59132 readers
4179 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think their comment is more a critique of wage labour than a misunderstanding of it.
The world is full of tech companies that pay stock options/etc, if that's how you want to be paid then you can do that.
Personally I have no interest in that at all and have always turned it down. If I'm going to own shares in a company, then I want voting rights. Nothing worse than watching investment be run by someone you disagree with... actually there is something worse. A company where every single employee has control/voting rights. That would be a complete disaster.
Isn't that called a co-op? I hear those tend to do well.
Yeah they go really well. Like you probably use some and don’t realize it. One of my local gas station chains is one
It sucks that they're down voting you for being correct in your top comment, though I think I agree with the down votes for your characterisation of worker controlled enterprises as "a complete disaster". They actually work well
I would say that the thing that makes me want to downvote that comment the most is the part where you get stocks/options "if that's what you want".
It's not like every company would offer you that and even if they do promise they might not do that
Our team has joined a big company and we were promised stocks but sure enough they said "we usually don't do that so we don't have a contract for such a case". Our manager almost made them hold their word a year after we joined, then he got fired and sure enough we got nothing. Well, at least the other conditions were not too bad and then the team split and everyone went their own way ¯\_(ツ)_/¯
Oh no, not co-ops! They give the people, who actually create the products and know how they work, voting rights on the companies direction? So dumb. Everyone knows its best to have a business person, whose sole focus is the stock market and shareholders, controlling the direction of every company.
/s in case it wasn't glaringly obvious.