When my wife was young, her Dad owned a scaffolding business. He employed a handful of people.
He had a pretty major stroke in his early 40’s and couldn’t work or hold onto the business. His wife kept the business running for as long as she could, selling everything they had to pay the wages of his workers. They even lost the house her Dad had helped build.
My inlaw’s did everything they could to keep their workers in employment and *paid* for as long as they possibly could, because they thought it was the right thing to do.
They have been living off scraps and in social housing ever since, that was the price they paid for their convictions.
If a local small business can hold such moral and ethical standards, why the fuck can we not garnish the dividends paid to shareholders to cover large failing businesses? If a company is going under (also looking at you, water companies) it shouldn’t be profitable to shareholders, that is the risk of investment. In this instance its not to keep a handful of people in work, but thousands.
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When my wife was young, her Dad owned a scaffolding business. He employed a handful of people.
He had a pretty major stroke in his early 40’s and couldn’t work or hold onto the business. His wife kept the business running for as long as she could, selling everything they had to pay the wages of his workers. They even lost the house her Dad had helped build.
My inlaw’s did everything they could to keep their workers in employment and *paid* for as long as they possibly could, because they thought it was the right thing to do.
They have been living off scraps and in social housing ever since, that was the price they paid for their convictions.
If a local small business can hold such moral and ethical standards, why the fuck can we not garnish the dividends paid to shareholders to cover large failing businesses? If a company is going under (also looking at you, water companies) it shouldn’t be profitable to shareholders, that is the risk of investment. In this instance its not to keep a handful of people in work, but thousands.
Blows my mind how broken the system is.