Re:End Stock Buybacks, Save the Economy?
by JumpCrisscross on Thursday August 23, 2018 @07:14PM
(#17831373)
> Some might object to such extravagant handouts to people who (by a vast, vast majority) played no part in the creation of that wealth
Then join or start a partnership. In a partnership, all the capital works for the firm. When you make partner, you buy in. (If you can't afford it, you get a loan or don't make partner.) When you retire or die, the stock is bought back. Coöperatives are another example.
Corporations aren't the only ownership structure. For private organizations that scale, however, they tend to win against partnerships and co-operatives.
Then join or start a partnership. In a partnership, all the capital works for the firm. When you make partner, you buy in. (If you can't afford it, you get a loan or don't make partner.) When you retire or die, the stock is bought back. Coöperatives are another example.
Corporations aren't the only ownership structure. For private organizations that scale, however, they tend to win against partnerships and co-operatives.