Talk of the workers divvying up the company's profits is also nonsense, in any business the owners get to keep that.
Why is that nonsense? The person who did the work reaps the rewards, makes
sense to me.
They way the system is now, I can
buy shares in a company, and without lifting a finger or putting one foot in the door, I more entitled to the profits more than the person who actually worked to make the profit? Does that really make
sense? That is a better system? Maybe to Buffet..
You are going to say, well you invested your money, you deserve your dividends. Well the worker has invested their life, I'd say that trumps money.
Truth is there needs to be a balance between to two. Decent companies that you want to work for like Google, IBM ect already know this. They offer profit sharing, stock purchase options while paying a competitive salary even at the expense of the bottom line. Leach companies like Walmart don't, its all about the bottom line no matter the cost.
Where does Canada Post fall? At one time in the past it was at the respectable end of the scale. Where is it now? I can't say, but you can see the direction it is headed.