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Travalanche ,
@Travalanche@lemmy.world avatar

That’s kind of a false equivalency though. Most laborers are not given any stock-based compensation, and those that are rarely given enough for it to make much of a difference in lives, if they’re even employed there long enough to accrue much. If motivation and alignment of interests between shareholders and employees is actually their argument, shouldn’t all employees be given similar stock-based compensation then? I don’t believe that businesses should be based on shareholder value at all (let alone the fact that the stock and debt markets seem to run our entire economy now), but based on actual, delivered value of services or products to customers. The argument that shareholder value is more important than employee pay and benefits (or human/environmental/legal rights, as it actually plays out) just creates more ways for people to be exploited and held down.

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