I am not talking about communism, where the government owns everything and dishes out the scraps to the people. I am talking about the people themselves owning stock in all businesses directly and instead of trading (which would not be legal, hypothetically) the people get to vote on hiring and firing managers, board members and CEO's and on whether or not they want to close down a business, sell it to another country or open up a new business. Generally speaking no individual would be allowed to own a business unless it was owned by everyone equally. The theory is that public things (such as businesses) would be handled by the public and private things (such as your own privacy, liberty and personal affairs) would be handled by the individual. Before you scream MARXISM, this is different because everything else would stay exactly the same otherwise, you could own as much real estate as you want, you could still make alot more money than other people and be a success, etc..
2007-01-23
21:52:55
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4 answers
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Anonymous
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Other - Politics & Government