What's to stop employees from voting for the manager who will gurantee all the profits get paid out in salaries? Where's the reinvestment?
Announcement
Collapse
No announcement yet.
A socialist alternative to a vcommand economy
Collapse
X
-
Originally posted by The Andy-Man
would be very inefficiant, having all those 'elections' for proposals.
Besides, Shareholder pressure could potentially be immense, they just rarley use it.
Comment
-
Originally posted by Harry Tuttle
What's to stop employees from voting for the manager who will gurantee all the profits get paid out in salaries? Where's the reinvestment?
Comment
-
Originally posted by Odin
No, no, no. They elect the board of directors and the BoD makes the decisions, basicaly the company is a republic.
It seems workable. I dunno how competitive this model would be with standard corporations, but if they were all this way... its possible.Captain of Team Apolyton - ISDG 2012
When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah
Comment
-
Well, it could be a sound policy, if only the employees, from the lower level to the top managers had enough skill to pick the best people to man the board.
Most companies have a pyramid structure with the lower level employees outnumbering the managers. I could very easily see the dock workers voting for the guy who will raise pensions and overtime rather than voting for the guy who will have the where with all to point the company in more profitable directions.
So basically, in this structure, there could very well be huge inefficiences that lead to stagnant growth.
I'm sorry, but giving everyone the vote in a corporation probably would not be very advantageous. I could see the larger population of the inexperienced and undereducated making poor decisions as to the future of the company. Then again, if the company is of the professional kind, (ie. a law firm, accounting firm) with smart, highly educated, and experienced employees then it might work.
Not to knock the blue collar workers, but the guys in the plant placing the sprockets on the cogs may not know enough about the business to make a decision from where they are.
Of course I've seen some very rich people who own stock make horrible decisions, because they're dumb.
If this system were to work the voters in the company would have to know what's best and what works and be able to place the right people in the right positions. Like making the guy who's been the dock worker, then salesman, and then sales manager, working his way up the ladder by his wits, the new Chairman of the Board.
A sense of the business really has to be ingrained in the voters for this to work out.
Comment
-
Originally posted by Harry Tuttle
Well, it could be a sound policy, if only the employees, from the lower level to the top managers had enough skill to pick the best people to man the board.
Most companies have a pyramid structure with the lower level employees outnumbering the managers. I could very easily see the dock workers voting for the guy who will raise pensions and overtime rather than voting for the guy who will have the where with all to point the company in more profitable directions.
So basically, in this structure, there could very well be huge inefficiences that lead to stagnant growth.
I'm sorry, but giving everyone the vote in a corporation probably would not be very advantageous. I could see the larger population of the inexperienced and undereducated making poor decisions as to the future of the company. Then again, if the company is of the professional kind, (ie. a law firm, accounting firm) with smart, highly educated, and experienced employees then it might work.
Not to knock the blue collar workers, but the guys in the plant placing the sprockets on the cogs may not know enough about the business to make a decision from where they are.
Of course I've seen some very rich people who own stock make horrible decisions, because they're dumb.
If this system were to work the voters in the company would have to know what's best and what works and be able to place the right people in the right positions. Like making the guy who's been the dock worker, then salesman, and then sales manager, working his way up the ladder by his wits, the new Chairman of the Board.
A sense of the business really has to be ingrained in the voters for this to work out.
I could very easily see the dock workers voting for the guy who will raise pensions and overtime rather than voting for the guy who will have the where with all to point the company in more profitable directions.Captain of Team Apolyton - ISDG 2012
When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah
Comment
-
Originally posted by Odin
Money Power? If you are taling about investors, they won't be needed, My system uses instead a special bank loan for company startup.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
Comment
-
Originally posted by Kidicious
Money has it's own power. The power to influence people. Money power will not allow an exploitive system to peacefully go to a nonexploitive system.
Comment
-
Originally posted by Odin
You can't make a transition to a non-exploitive system overnight it will take a LOOOOOOOOONG time.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
Comment
-
Originally posted by Odin
You can't make a transition to a non-exploitive system overnight it will take a LOOOOOOOOONG time. Besides, I don't think Traditional Communism works unless technology is so advanced that nothing has monetary value because it is so easily available. This is an easy first step that I think most Americans will tolerate.
Comment
-
DEFINITELY sounds like our system of government.
That's the point isn't it? Our system is terribly inefficient, but we say, why not, we are dealing with social stuff. We generally want our economics to be efficient, however.“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
Comment
-
Problem is, as with any democractic vote, the best people don't always get picked. We can only WISH everyone would vote for the absolute best person for the job.
When working at a company I'd rather rely on the people who have been chosen for the definite reason they know how things should run, if only for the express reason I want to keep getting paid. At least in a business world the idea of what is an absolute is a bit more defined than, say, with real life social issues.
Comment
Comment