See that isn’t very consistent is it?
If you hold non voting stock you can’t vote on company decisions. But the company does now need to pay you a dividend, which according to you would be immoral as it would mean a third party is profiting from their labour correct?
The problem isn’t the fact that the investors get some value. It is that the employer gets sole property right to the produced outputs and holds all the liabilities for the used-up inputs despite the workers’ joint de facto responsibility for using up the inputs to produce the outputs. This mismatch violates the tenet that legal and de facto responsibility should match. Worker don’t create output ex nihilo. They use up inputs. Dividends help satisfy those input liabilities @lemmyshitpost
See that isn’t very consistent is it? If you hold non voting stock you can’t vote on company decisions. But the company does now need to pay you a dividend, which according to you would be immoral as it would mean a third party is profiting from their labour correct?
The problem isn’t the fact that the investors get some value. It is that the employer gets sole property right to the produced outputs and holds all the liabilities for the used-up inputs despite the workers’ joint de facto responsibility for using up the inputs to produce the outputs. This mismatch violates the tenet that legal and de facto responsibility should match. Worker don’t create output ex nihilo. They use up inputs. Dividends help satisfy those input liabilities @lemmyshitpost