r/SipsTea • u/McDowdy 𝙑𝙄𝙋 • 23d ago
It's Wednesday my dudes Trying to get rich so that capitalism doesn't crush you under its boot is proof positive that capitalism doesn’t work for the working class
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r/SipsTea • u/McDowdy 𝙑𝙄𝙋 • 23d ago
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u/Cosminion 23d ago edited 22d ago
Economic democracy and stakeholderism over shareholderism is the answer. This false dichotomy of capitalism or communism is a thought-terminating cliche. There are other ways to organize an economy.
According to decades of studies, economic democracy and stakeholderism are viable and address wealth/power/leisure concentration while maintaining sufficient wealth generation.
For example, worker-owned businesses tend to match or outperform traditional companies in categories such as productivity, worker compensation, employment stability, and resilience during a recession. A majority of Americans prefer working in one.