BluesLegend
Diamond Member
========Without corporations the workers would be fighting in the streets over food scraps. Workers are free to grow a pair and start their own corporations, have at it.
Without workers the Waltons would be unloading trucks and stocking shelves of their ONE store in Mena, Arkansas and they would not be filthy rich.
Corporations need workers just as much as workers need the corporations.
According to theory of capitalism, it is a partnership between capital and labor ... but it has been perverted in America so that all the rewards go to capital and none to labor.
Some, more or less honorable companies have profit sharing and give employees at least a small piece of the profits over and above the wages.
It should be the law that at least 30% of profits go to the workers. Capital would still be handsomely rewarded but so would the workers.
30% that's a nice round number did you just pull that arbitrary number out of your ass? Since you are clueless I'll take pity on you and explain how things work. Workers already gobble up a HUGE portion of the revenue in salary, benefits, and retirement. The profits are divided up between the stock holders and rightly so. Since stock holders include millions of middle class people who's pension funds are invested in these corporations your proposal is kind of stupid.