Anti-Capitalist Sentiment (with some morality)

[OngBonga]

Most of the people I've worked with in life do not want shares in the company or a variable income in any way. They want a secure paycheck which has - above all else - predictability

Wait a minute... I didn't suggest that performance and profit related pay should replace hourly wages. I'm simply saying that the profit, or at least some of it, should shift from private owners to the workers... in this way, productivity is maximised.

An hourly rate can still be guaranteed, allowing security.

[wufwugy]

should shift from private owners to the workers... in this way, productivity is maximised.

If this improved productivity, we would see great movement in corporations to do it. I earlier mentioned two reasons why it is likely to harm productivity. I may be able to come up with more.

Got one already: social ownership mandates would virtually destroy startups. If Britain legalizes weed and you start growing some Alaskan Thunderfucker, and you are doing well and you wanna expand and grow beyond just yourself, you're gonna have a bad time bringing in new employees, because they'll also have to be owners. You may just want to pay somebody to water the plants and nothing else, but if you have to give him ownership stake, well now you have to find somebody far more reliable, you have to waste time on silly logistics, and your own incentive to grow your company just dropped in the shitter (since your equity diminishes). This would make it so that any new person you bring into your company wouldn't be to just water the plants, but would be somebody similar to you, another entrepreneur who would bring lots of value to lots of elements to the business.

This would have two big effects: (1) it would kick out all the low skill people from the labor force (since nobody is going to get brought on and given ownership to do just low-skill work). (2) It would reduce productivity because efficiency would hit the toilet without a well structured division of labor.