this post was submitted on 25 May 2025
409 points (97.7% liked)
Political Memes
8330 readers
2697 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
note however that capital naturally seeks deregulation.
some might theorize that an initially perfectly regulated capitalistic economy would still become deregulated so long as laborers are separated from the output of their labor—a defining characteristic of everything labeled capitalism.
(again: theory. just expressing the devil’s advocate here don’t come at me no harm meant 😊)
I mean that pretty much is what happened in the US at least. The corporate tax rate was substantially higher and so individual take rate on the richest Americans post-WW2 and pre-Regan. Public works were well funded and having a government job meant you had a stable and well paying salary. Private business owners pushed congress to ease up on the tax rate ‘to spur private business growth and create jobs’, especially since original justification of funding the war effort disappeared.
While private business did grow more from the eased up taxes, what happened more was that the owners of these companies started raking in more and more in net profits. Suddenly the pay differential between the workers and the factory owners started to balloon to a much greater level.
By the time Regan came in, this process then started to snowball even more to what we see today since Regan cut corporate tax rate even more than Republicans did previously post-WW2.
To think, we could have had well funded public programs for decades. Standard jobs could have been paying a living wage still, like it was expected for them to do back then.
Tbh, I think you need protections that are hard to remove by greedy individuals and politicians. If regulations required a 2/3 majority of the votes in both chambers to lower that could prevent a lot of shenanigans. I don’t think everything necessarily should have that high of a barrier, but regulations and protections are usually prime targets for those seeking to make a quick buck.
I personally think workers could have proportional share of ownership in a company. At least then they directly benefit when the company benefits, much like the owners currently do. Maybe something like the 30% ownership by the CEO, 50% ownership by the employees, and 20% ownership split between the local community/county/state/federal government. If the public has partial ownership their needs become more of the forefront, and it can help bring resources back into the local communities. If not public ownership, then steeper corporate tax rates of larger corporations, potentially even having corporate tax brackets like exist for private citizens.
Yes. And to add some concreteness: The workers get an equal say in how that share is distributed. It’s normal of course for businesses to have specialized versus mid range versus probationary wages and things will absolutely vary from business to business and field to field. It’s more equitable that workers get an equal say than it is that they get equal pay.
(Just came up with that rhyme myself I feel clever lol.)
I agree, workers should get an equal say. I think a company’s finances should be more open by that same token so workers have more perspective on come money is coming in and how it’s being split. Maybe it’s something that will have to change a state at a time, but I’m optimistic that it could be implemented.
(Lol I think it’s a clever rhyme as well.)
the nice thing is in the meanwhile worker owned cooperatives exist