Is it hypocritical for any "leftist" to own shares?

[davgraham]

My experience with this is that it's an excuse to pay you fuck-all, a disincentive to workers to leave (because the rewards are always at some undisclosed point in the future), and half the time they lay off the workers before the share-options can be taken up in any case. The first time they tell you 'stick with us and we'll all get rich!' it's sort of exciting, but after a while in the biz you've heard all that shite before.

Lauren Goldner's done some work on this hasn't he ? - shares as claims on future earnings as opposed to shares in existing businesses with real assets . . . a sort of casino capitalism - where 'everyone can be a winner - that's fo sure! and everyone 'shares the risk'

Gra

 

[butchersapron]

Lauren Goldner's done some work on this hasn't he ? - shares as claims on future earnings as opposed to shares in existing businesses with real assets . . . a sort of casino capitalism - where 'everyone can be a winner - that's fo sure! and everyone 'shares the risk'

Gra

Fictitious Capital and the Transition Out of Capitalism?