My left pinky toe is more economically literate than this clown
It’s called earning interest on an investment. I give my money to that company so they can grow their business and produce more stuff. I expect an interest payment on my loan.
We changed the wording around and call it a dividend now, but all it really is is an interest payment on a loan from a private debtee. Corporations figured out they could get a lot of these by exchanging slips of paper that represented a piece of “ownership” in exchange for cash. Cash they needed but didn’t have for expansion. Now, we just use digital slips.
Also, I don’t get a check in the mail. That’d be ridiculously obtuse. The money gets deposited into my escrow and usually automatically reinvested into more shares of the same company. How did this dude get the money to afford a suit like that without understanding the basics of the stock market.
A company needs shareholders but i still don’t agree with the way most companies compensate their labour force. If the company does well those profits should be shared more evenly amongst shareholders and workers.
Oh yea the guy pushing Marx lol
In school, I learned about social contracts, and companies were responsible for the stakeholders: customers, employees, shareholders. I think the priorities have shifted to benefit the shareholders, since the managements bonuses are closely tied to the stock prices.
I am pretty sure professors in soviet union weren’t as communist as this old fuck
This is dumb. When a company issues shares the are selling then so they can raise money to expand the business. The shareholders risk all the money they put in.
Also, how do you think every retirement fund/pension plan in the country invests their money? Every working american that has any sort of retirement account is benefitting from corporations.
A professor at Yale? LOL! Oh. That makes sense.
A great example of the leftward shift of American academics.
Elon Musk invented cars. Before him we all just had to walk everywhere.
Someone over in the ancap subreddit was decrying how leftists are upset with capitalism when they should be upset with kleptocracy, but they are functionally the same thing. You really have to make up some mental gymnastics to make a distinction.
1. Use your company income to buy shares.
2. Earn dividends from those shares.
3. Win.
Look, my capital is important, and I will only lend it to a company where I can earn from it. My labor is important, and I will only give it to a company where I can earn from it.
This is how the system is set up, and it’s not that hard.
Frank Stronach of Magna International is a proponent of giving employees ownership stakes. If more companies were run this way, capitalist societies would be more equitable. At the same time it tends to improve corporate performance.
I have seen this guy on a few videos, I’m sure he has a good income……………..does he invest in these same companies? Quickest way to turn a socialist into a capitalist…….hand them a million in cash. All humans are greedy, just some are better at it. I think this story sums it up.
17 comments
Missing the bit about shareholders being investors and giving money to the company and taking on RISK.
If the company goes under, do the workers lose their money? No. Do the shareholders lose their money? Yes.
If the workers won’t share the burden of financially propping up a company and they won’t share the risk, they don’t get to share the profits.
Liberal, elitist, Ivory tower, smug, self-righteous, disconnected idiot.
My left pinky toe is more economically literate than this clown
It’s called earning interest on an investment. I give my money to that company so they can grow their business and produce more stuff. I expect an interest payment on my loan.
We changed the wording around and call it a dividend now, but all it really is is an interest payment on a loan from a private debtee. Corporations figured out they could get a lot of these by exchanging slips of paper that represented a piece of “ownership” in exchange for cash. Cash they needed but didn’t have for expansion. Now, we just use digital slips.
Also, I don’t get a check in the mail. That’d be ridiculously obtuse. The money gets deposited into my escrow and usually automatically reinvested into more shares of the same company. How did this dude get the money to afford a suit like that without understanding the basics of the stock market.
A company needs shareholders but i still don’t agree with the way most companies compensate their labour force. If the company does well those profits should be shared more evenly amongst shareholders and workers.
Oh yea the guy pushing Marx lol
In school, I learned about social contracts, and companies were responsible for the stakeholders: customers, employees, shareholders. I think the priorities have shifted to benefit the shareholders, since the managements bonuses are closely tied to the stock prices.
I am pretty sure professors in soviet union weren’t as communist as this old fuck
This is dumb. When a company issues shares the are selling then so they can raise money to expand the business. The shareholders risk all the money they put in.
Also, how do you think every retirement fund/pension plan in the country invests their money? Every working american that has any sort of retirement account is benefitting from corporations.
A professor at Yale? LOL! Oh. That makes sense.
A great example of the leftward shift of American academics.
Elon Musk invented cars. Before him we all just had to walk everywhere.
Someone over in the ancap subreddit was decrying how leftists are upset with capitalism when they should be upset with kleptocracy, but they are functionally the same thing. You really have to make up some mental gymnastics to make a distinction.
1. Use your company income to buy shares.
2. Earn dividends from those shares.
3. Win.
Look, my capital is important, and I will only lend it to a company where I can earn from it. My labor is important, and I will only give it to a company where I can earn from it.
This is how the system is set up, and it’s not that hard.
Frank Stronach of Magna International is a proponent of giving employees ownership stakes. If more companies were run this way, capitalist societies would be more equitable. At the same time it tends to improve corporate performance.
https://nationalpost.com/opinion/frank-stronach-giving-employees-an-ownership-stake
I have seen this guy on a few videos, I’m sure he has a good income……………..does he invest in these same companies? Quickest way to turn a socialist into a capitalist…….hand them a million in cash. All humans are greedy, just some are better at it. I think this story sums it up.
https://www.online-literature.com/tolstoy/2738/
Not how stocks work, but that is how ibonds and treasuries work.