Would you buy a car from this manufacturer?

[mRx 16]

My money is for an employee owned corporation, where they have a say in how much the board and CEO makes, and even the product, how it's made, how to be more efficient in their jobs, and to share in the wealth of their efforts.

An employee owned company?

I really don't understand all the hatred for the company leadership, CEO, and even the founder of the company.

I think this hatred stems from the fact that observers think that CEO's and leadership shouldn't earn as much as they do. Supporters of these ideals must assume that since they are not the ones physically creating the good or service, that they are somehow of less value to the company.

The CEO's and leadership board are the ones who were with the company in the beginning, the people who took a risk to create the company. If they didn't exist, or were penalized by having their company led by the employees, then who would ever want to create a company? Who would invest in the capital and build the factories?

The idea that the employee should have the power over the employer to determine wages and benefits, although having good intentions, is a flawed ideal.

[marea 0]

If ever hell no I wont buy car from this automakers... I don't trust them anymore and maintaining this car would be very much expensive and hard in the future. They will of course need to do something to payback the govt. Can you emagine that your the one paying tax, they are asking for your money, you'll buy from them and the next thing you knew your giving them more. Come on I need bailout too!!!!

[w¡n9Nµ7 §£@¥€r 123]

Matt,

It's not even an ideal. It's just stupid.

[mRx 16]

Matt,

It's not even an ideal. It's just stupid.

It sounds like it follows on the lines of Marx's Value Theory.

And I agree, it doesn't make any sense to me either.

[Mr. Big Dog 10,747]

The CEO's and leadership board are the ones who were with the company in the beginning, the people who took a risk to create the company.

Really? I thought CEO's work for a company on a contract. There may the occasional CEO out there who has actually had a hand in creating the company he works for but for the most part, that's not the case anymore.

ETA: What's the risk for these guys anymore, anyways? The companies they are leading are run into the ground and the big shots either get to stay on regardless or get "shafted" with a huge check to move on to the next board or CEO position. If they really took a risk, they'd get fired when they don't serve the company and shareholders well - without anything. Just like any rank and file failure would.

Edited December 13, 2008 by Mr. Big Dog

[marea 0]

The CEO's and leadership board are the ones who were with the company in the beginning, the people who took a risk to create the company. If they didn't exist, or were penalized by having their company led by the employees, then who would ever want to create a company? Who would invest in the capital and build the factories?

The idea that the employee should have the power over the employer to determine wages and benefits, although having good intentions, is a flawed ideal.

Well Iceberg Theory will somehow tells us how employees play a vital role in an organization. It's not always the CEO, leaders and the founders, it's the whole organization. Let's accept that they are the one who made final decisions and most of the time employees are the one who suffered most from their stupidity.

[mRx 16]

The CEO's and leadership board are the ones who were with the company in the beginning, the people who took a risk to create the company.

Really? I thought CEO's work for a company on a contract. There may the occasional CEO out there who has actually had a hand in creating the company he works for but for the most part, that's not the case anymore.

Even if the CEO didn't create the company, or doesn't own the company, he is probably appointed there by the founder, co-founder, or board of founders.

So again, it is up to the overall owner(s) of the company what they want to pay the CEO and what direction they want that person to take the company, not the employees.

[w¡n9Nµ7 §£@¥€r 123]

Board of Directors.

Most of the largest American corporations are generations removed from their original founders.

[mRx 16]

The CEO's and leadership board are the ones who were with the company in the beginning, the people who took a risk to create the company. If they didn't exist, or were penalized by having their company led by the employees, then who would ever want to create a company? Who would invest in the capital and build the factories?

The idea that the employee should have the power over the employer to determine wages and benefits, although having good intentions, is a flawed ideal.

Well Iceberg Theory will somehow tells us how employees play a vital role in an organization. It's not always the CEO, leaders and the founders, it's the whole organization. Let's accept that they are the one who made final decisions and most of the time employees are the one who suffered most from their stupidity.

I agree that employees play a vital role in a company. That doesn't make it their company.

If a company goes south, an employee can find a new job far easier than an employer can create a new company.

[marea 0]

I agree that employees play a vital role in a company. That doesn't make it their company.

If a company goes south, an employee can find a new job far easier than an employer can create a new company.

Literally they don't own the company, but once your part of it the owners/learders expect you to work as it's your own company. If the company gets banckrupt, it's not the leaders lost and it's employees lost so who we think owns the company.

Edited December 13, 2008 by marea

[mRx 16]

ETA: What's the risk for these guys anymore, anyways? The companies they are leading are run into the ground and the big shots either get to stay on regardless or get "shafted" with a huge check to move on to the next board or CEO position. If they really took a risk, they'd get fired when they don't serve the company and shareholders well - without anything. Just like any rank and file failure would.

In a perfect economy, when an employer directs employees to make worthless products that there is no demand for, then everyone suffers.

But thanks to Federal regulation, your elected officials get to chose the winners and losers.

The employee favoring politicians weigh down companies with mandatory compliance with minimum wage laws, and then they face the mighty unions.

The employer favoring politicians are big on corporate welfare and government subsidies.

With regulation, the economic teeter totter can never have a fair balance.

[mRx 16]

Literally they don't own the company, but once your part of it the owners/learders expect you to work as it's your own company. If the company gets banckrupt, it's not the leaders lost and it's employees lost so who we think owns the company.

It's your choice to work for that company, and you have to do what they expect. That's the basics of a job.

In a free market, the owners/leaders wouldn't have the safety of government subsidy to get them through bankruptcy.

[marea 0]

Literally they don't own the company, but once your part of it the owners/learders expect you to work as it's your own company. If the company gets banckrupt, it's not the leaders lost and it's employees lost so who we think owns the company.

It's your choice to work for that company, and you have to do what they expect. That's the basics of a job.

In a free market, the owners/leaders wouldn't have the safety of government subsidy to get them through bankruptcy.

Just like everyone else who doesn't have access to that... It's always who you knows and who got powers I think.. Sad but that's the reality..

[mRx 16]

Literally they don't own the company, but once your part of it the owners/learders expect you to work as it's your own company. If the company gets banckrupt, it's not the leaders lost and it's employees lost so who we think owns the company.

It's your choice to work for that company, and you have to do what they expect. That's the basics of a job.

In a free market, the owners/leaders wouldn't have the safety of government subsidy to get them through bankruptcy.

Just like everyone else who doesn't have access to that... It's always who you knows and who got powers I think.. Sad but that's the reality..

And those with power are the politicians.

[w¡n9Nµ7 §£@¥€r 123]

The mods have powers too. They can make you both disappear.