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RE: Socialism v Capitalism – isn’t it about time we changed the record?

in #life8 years ago

Sounds good but people do not understand it, the ultra-super rich. Zuckerberg, Bezos, Gates, Allen. They hold stock, not cash. They received the stock because when their companies were new they awarded themselves stock. And as the WorldCom trial showed with Jeffrey Schilling, sell too much of your stock as an executive, even if you want to retire and do something else completely, the company and the stock price can collapse! An executive will be imprisoned for it, fast. Other executives who also own a vast amount of stock, might just commit suicide.

Buffet and Gates decided to donate 15 billion for AIDS care in Africa, nothing wrong with that except, they had to sell stock in order to do it and when they did...

Every system has its flaws, problems, crooks, and total heroes. As far as collectives capitalism, they are everywhere in the United States, especially in Rural Agricultural areas. It is legal to start them and they can be profitable.

Where do you find collectives in America that are huge? If you go to a town and the gas station says 'COOP' it does not mea chicke coop. Everything in the town might just be owned by the Co-op, everybody.

So, did you know that? Did you know that like trade guilds, agricultural coops go back thousands of years around the entire planet?

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