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Re:Every company should be owned by its employees by pie_flavor on Thursday July 25, 2024 @04:24AM (#41066193)
If it's so easy, why aren't you doing it? Presumably it requires some amount of investment to break into, but with such a high upside it's still massively +EV.
Re:Every company should be owned by its employees by maximus-decimus on Thursday July 25, 2024 @07:44AM (#41067434)
The job being easy to do and the job being easy to get are two completely different things.
Re:Every company should be owned by its employees by pie_flavor on Thursday July 25, 2024 @02:08PM (#41071548)
So how are new ones minted?
Re:Every company should be owned by its employees by consteval on Thursday July 25, 2024 @04:09PM (#41072829)
By luck and status. Right place right time. They have some experience, and they just so happen to know X, Y, Z (probably because their dad knew X-1, Y-1, Z-1 and so on) so they get in. Maybe they went to harvard or something.
Re:Every company should be owned by its employees by pie_flavor on Friday July 26, 2024 @05:44AM (#41077208)
What opportunity manifests at the right place and right time? What's an example of this? And if it's based on knowledge and experience and an acquirable credential, then we're right back to square 1.
Re:Every company should be owned by its employees by consteval on Friday July 26, 2024 @09:52AM (#41078678)
Its complex, because even if something is unattainable by knowledge and experience that DOES NOT mean its equal opportunity.

Simply being born into a richer family means you're significantly more likely to earn a higher education. Simply being born into a white family means you're more likely to finish high school.

And this is leaving out connections. If you know the people hiring, you have a better chance of getting hired. High-status people know other high-status people. If your family is high-status you're at a HUGE advantage.

That doesn't mean the opportunity "manifested" for you. But, it does mean your likelihood of obtaining said opportunity went higher.

I mean, when you look at the proportion of CEO's who are white, tall men as opposed to the regular population you notice that. It's an open secret. Some say its coincidence. I don't think anyone really believes that.

Re:Every company should be owned by its employees by pie_flavor on Friday July 26, 2024 @01:09PM (#41080301)
In other words, you don't know any specifics. Which is my point.
Re:Every company should be owned by its employees by Peritract on Thursday July 25, 2024 @05:42AM (#41066682)
Some people want to do work they find meaningful.
Re:Every company should be owned by its employees by paxys on Thursday July 25, 2024 @06:43AM (#41066996)
Then why complain about how much someone else is getting paid?
Re:Every company should be owned by its employees by Peritract on Thursday July 25, 2024 @06:56AM (#41067099)
The parent comment isn't complaining about the amount CEOs are paid, but the amount they are paid relative to the value provided.
Re:Every company should be owned by its employees by pydry on Thursday July 25, 2024 @07:30AM (#41067309)
I dont know why on earth youd assume that the executive/board/CEO club is meritocratic or that it would be open to talented outsiders.