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by dahart
405 days ago
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What do you mean? @plotics wasn’t talking about remuneration for products or services, nor equity. “Capital ownership” in the sentence you quoted is referring to the company, the ol’ ownership of the means of production. “Granting full access to work-created value” means the owners (investors, CEO, etc.) would split profits among workers rather than keep the profits for themselves. |
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> Granting full access to work-created value” means the owners (investors, CEO, etc.) would split profits among workers rather than keep the profits for themselves.
This is remuneration, the reward in exchange for your effort/wares/risk.
In this case, the artist would have had to ask taxpayers (or the taxpayers’ representatives) to sell them a piece of the taxpayer’s equity. Or some type of royalty/revenue sharing agreement.
Obviously, that was not going to happen for a small time artist (that kind of stuff is reserved for well connected people when it comes to government assets).
But the second best option the world has come up with is public equity markets, where the common people can invest and gain access to equity, which is also very liquid.