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(WEEKLY) Capitalism / Economic Systems (lemmy.ca)

submitted 8 months ago* (last edited 8 months ago) by [email protected] to c/[email protected]

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Reminder: This post is from the Community Actual Discussion. You’re encouraged to use voting for elevating constructive, or lowering unproductive, posts and comments here. When disagreeing, replies detailing your views are appreciated. For other rules, please see this pinned thread. Thanks!

This week’s Weekly discussion thread will be focused on Capitalism / Economic Systems. Here is the definition we will be using so everyone can use the same terminology. If your argument does not use that definition, we ask that you reframe so that it does so that everyone can work within the same framework.

Here are some questions that should help kickstart things:

Is capitalism effective? Is it good, or as evil as some Lemmy instances will have you believe?
Are there better alternatives, and why are they better?
How could we realistically move toward those alternatives?
Is there anything you do not understand or would like to discuss about Capitalism / Economic Systems?

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[–] [email protected] 2 points 8 months ago

I am the C.E.O. of an I.T. firm I've created. The employees once they are here for a certain amount of time become shareholders and I am purposely the lowest-paid employee at my company. I do not take dividends.

We also have a "No Outside Shareholders" policy, so if an employee shareholder ever left (not that any have in the 8 years we've been running as we treat our people like gold) the company maintains a reserve of money to purchase shares for their current value. Current value is arrived at by getting a quick valuation done.