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    lainy (lain@lain.com)'s status on Thursday, 18-Apr-2024 18:15:49 JSTlainylainy
    in reply to
    • :blobcatflower:
    • cjd
    @lucy @cjd

    It's about the working class overall:

    "When you buy stock, you pay not only for the capital assets of the firm—buildings, machines, inventory, and the like —but also for its experience, reputation, and organization. If workers really can run firms better, these are unnecessary;
    all they need are the physical assets. Those assets—the net working capital of all corporations in the United States in 1965—totalled $171.7 billion. The workers could buy that much and go into business for themselves with 14 months' worth of savings."
    In conversationThursday, 18-Apr-2024 18:15:49 JST from lain.compermalink
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