this post was submitted on 25 Mar 2024
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As someone who's self employed, I feel like self employment is a form of rebellion against this system.
My dad teases me that his socialist son is now a capitalist because I give music lessons and host events. I'm pretty sure I'm not because I don't profit from the labor of someone else, I do all the work and anyone who helps me isn't existentially tied to me.
An interesting thought. A kind of harm reduction. Alternately (or perhaps coinciding) I'm very interested in workers co-ops where the distinction between employee/er kinda goes away. You can still have managers and people setting the quarterly goals or whatever, but they aren't "above" you, except maybe in their skill at managing people.
Mark Cuban put his money where his mouth is. He made 300 millionaires out of the 330 employees in one of his earlier companies by giving them stock ownership.
Workers paid by the hour are ‘always going to fall behind, - Cuban
Wow when the billionaires are worried about income inequality you know the shit has gone too far. It's like it's not even fun for them anymore.
Thought provoking article. Thank you got sharing. I certainly don't agree with everything said, but it's interesting to hear a different view.
I remembered that Cuban was on record for saying & doing this & that link was the easiest to source from because so many people know who he is. I wanted to highlight the deed itself. More recently, was the open letter written by over 250 billionaires & multi-millionaires pleading to be taxed more than they currently are.
As you say, you know it's almost pitchfork levels when the letter, which was read at WEF in Davos, says
According to the article, "Imposing a 2% tax on the world’s billionaires alone would raise almost $250 billion annually"
Question is, why are governments so reluctant to grant them this?