Comment by glutamate

2 years ago

A workers cooperative is owned by its current workers. Are you going to argue that consultancies and law firms are not really owned by their current partners, either?

Profits belong to the people who create them, not to people who used to work at the same company in the past. Expecting future employees of a company to work for ex-employees in the future is unfair. Having worked for a company, doesn’t entitle anyone to remain on the paycheck until death, despite not working there anymore.

  • > Having worked for a company, doesn’t entitle anyone to remain on the paycheck until death, despite not working there anymore

    This arrangement is called a pension, and is still quite popular in areas of the world with strong workers rights.

    • Living in a country with strong workers rights, this is not how pensions work. The pensions people receive every month are literally paid by the taxes which are collected from everybody and every company during that month. Pensions are not saved money from companies you worked for, but money coming from the economy at the time of your retirement. It’s a common misconception that the state has a big pile of pension money sitting somewhere that you then get your pension from. That’s just not how it works in reality. Another difference from pensions to receiving money from a company just by owning parts of it, is also that you don’t continue to be on a company’s paycheck when you quit. You need to reach a certain age to receive money and you get that money from the state, not the companies you worked for. That’s how pensions work.

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