Having a monarchy is stupid, but not as stupid as selling the Royal Mail to foreign billionaires.
this post was submitted on 01 Aug 2024
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Nationalize it.
On another topic:
He also said he is "very open" to profit sharing, but he is not in favour of the shared ownership the union are pushing for.
"I don't think the ownership stake is the right model," he said. "The logic is: share of profit, yes, [but an] ownership structure creates a lot of complexity.
"For instance, what happens if the employee leaves? He has shares, he is leaving, he is not working for the company, he [still] needs remunerating."
How is "he [still] needs remunerating" a valid objection to employees owning a share in the company?
I don't think he understands how shares work. If I hold shares in a company it doesn't matter if I work for the company or not.
I've actually worked at places where part of the remuneration was as shares in the company. Startups. I left I wasn't required to give the shares back that would make no sense.