Comments by "" (@jmitterii2) on "Steve Says The Markets Will Collapse in 2021" video.

  1. Most of us millennials and the newer (our babies) Z's are fed up. Pun not really intended. We have been pondering solutions. It's the X'rs especially the boomers who have been utterly brainwashed by the present system similar to a mix of Stockholm Syndrome to BDSM cult like... similar to some crypto nuts with magical words like yolo and hodl and going to the moon and FUD... The solutions is the very employee employer relationship. Enterprise must still remain liberated from central control structures: all Soviet style communism as well as right wing fascism was centralized capitalism; change the classification names of the aristocracy is the only difference. What we need is democratized workplaces. Workers, consumers, and shareholders have 1 vote. No more no less as to all operations of an enterprize. For workers, they have 1 vote no matter their position. As well as free access create and vote upon petitions and raise matters of concern in meetings for votes as to all aspects of the operations of an enterprise. Consumers of stake such as those who live in range of the workplace have stake to a degree that externalities give them 1 vote per all aspects of the operation. Investors which can be a combination both or either or consumer or worker have 1 vote as to all aspects of the operation to the enterprise. Motive would be beyond just money making profit, but the profit would expand into living arrangements, working arrangements, equity in pay, concern for location of work (you're not going to have workers en-mass vote their job away so the company can save $1.00 per share or a nickle a share or any price. You won't have workers nor consumers living near by vote to save a nickle a share to spill garbage or toxic liquids that could get into the local water supply. You're not going to have investors vote to destroy the very source of demand of their goods by saving short term on production by piss poor wages to save a penny in the short term on their earnings per share, nor do meaningless pump and dump scheme of share buy backs that have no real long term effect on the value of their shares any more than a stock reversal or split has presently. And you wouldn't see investors nor labor pump executive compensation of orders of magnitude that of the majority employee positions. And with only 1 vote per stake, and no cross over (if you already fit in any one category: shareholder, employee, consumer of stake) if you all or any one; only 1 vote. No matter how many shares and no matter if you're also a consumer and employee and a shareholder, you get absolutely ONE vote. And right to petition others of the same as to all aspects to the operations of the enterprise. You keep capital formation via investors, but their power isn't propounded by the number of shares they own; they only get one vote. If they don't like the direction of the company is taking, they can sell their shares or stop buying them. It's a co-op based model. People still free and clear to start and be protected of a potential bureaucratic government that often hasn't any keen interest in the specifics of your goods/service production business. And the control remains with the stake holders of the business. This is how modernity has transition through history economically and politically. It's the relationship to worker and distributor. Started with slavery and slave master. Then feudalism with peasant serf and lord. Then transition to mercantilism that introduced the free merchant. Merchants introduced the indentured servant and merchant. Then modern times the concept of employee and employer. So the next advancement must and will be that all employees are also the employer. They become incumbent as one. You have various take holders with their own vote, but since all entities get only 1 vote, the employees tend to get the majority stake; this ensures competitiveness can be achieved (workers picked by and for the purpose of the business are likely to have the most knowledge as to become the most competitive possible to provide the production and/services of their business). While keeping the interest of the local communities and investors. And as an investor of last resort; a Co-Op Reserve Bank that would provide at a discount to encourage such capital formation for these co-op style enterprises. As well as a stock exchange that trade exclusively for such co-op businesses; no matter the number of shares you purchase in that business, you get 1 and only 1 vote for your proxy. And face it, most of us own such small amounts our proxy today is even more meaningless... if everyone had 1 vote, a company trading 100 million shares to a billion shares outstanding, suddenly you 3 to 4 to even 5 orders magnitude more voting power in that one vote than you do now owning 10,000 or 1,000 or 500 or 100 shares. We have a plan. You all just been brain washed to think there is no other way. The plutocrats/oligarchs whatever name you want to call these parasites have done their job well in their brainwashing dogma normalization. It's what gives us the inducement to see the golden arches of McDonald's while traveling and thinking "OH GOOD! A place I'm familiar with and now I feel good... I can expect what meal I will get eating there. Along with the typical shits it gives me." It short term makes you feel good, but does nothing good for or to you. The robber barons did a number on the older generations. It has fallen flat on us younger peoples as we've lived through this collapsing system. I think similar to how Fascist Italy, Spain, Germany and Communist East Germany, Poland, Russia, etc. to their generations. It hasn't put up the goods. In our eyes, it has failed. And continues to fail. And we're not dumb and ignorant of other nations. We know in the US how screwed we are concerning our medical system (that really doesn't exist) compared to the UK, Canada, Germany, France, Italy, Japan, New Zealand, Australia, even freaking poorer countries like Cuba or Mexico, etc. etc. The internet makes it impossible to hide.
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