[outlace]

What if we mandate that all workers must get part of their compensation in the form of company shares so that if the company explodes in value, it's not just the executives that become billionaires and the workers are just still going paycheck to paycheck? This seems common in the tech world but not so much in other companies.

[leetcrew]

I don't think this would actually be better for the workers? ceteris paribus, it's better to be paid in cash than stock. stock can be better if it enables a higher TC, or the number of shares is locked in before a major jump in valuation, but at the low end of pay I think most people would prefer to minimize variance over maximizing EV.

[vnchr]

So government-forced wealth redistribution?

I wonder if that’s been tried before. Maybe there’s some point of reference for the outcomes of that approach. Maybe it could be tried on a local basis and then evaluated before a complete overhaul of the largest single nation economy?

If I had to guess, I don’t think it would work out very well. Unless you imprison the wealthy. Then their wealth wouldn’t be mobile.

This would be a great idea to apply lean startup methodology. If it works, we’ll, that’d just be…unprecedented!

[convivialdingo]

Perhaps it could be a form of distributism? Basically we could rather promote legal entitlements to workers in the share of wealth generated by companies and labor.

There's an interesting google talk on this from long ago. https://www.youtube.com/watch?v=X1PtStipIsc