A Boring Dystopia

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Imagine if Amazon and all jobs out there were cooperatively owned? (infosec.pub)

submitted 6 days ago* (last edited 6 days ago) by ExploitedAmerican@lemmy.world to c/aboringdystopia@lemmy.world

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Now I need to do the math on space karen/ henery ford 2.0 aka Mr my autism makes me prone to outbursts of fascist apologia.

I did the math recently and if you took the assets of the wealthiest 1% and divided only half of it amongst the remaining 336.3 million Americans it would be a check of approximately 68,000 for every man woman and child and those bloated blood sucking leaches would still have an average remainder of just under 6 million dollars each.

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[–] Emma_Gold_Man@lemmy.dbzer0.com 2 points 5 days ago

Except that shareholders vote on the board of directors, who make decisions like hiring and firimg the CEO, executive compensation, and overruling executive decisions. It's two levels of indirection, but in the end the shareholders DO control the means of production.

There are exceptions to this when thete are multiple classes of shares - one voting and one nonvoting for example. This doesn't apply in Amazon's case that I can see.