The Russian civil war was fought with 1% or 2% of the population. It’s not the majority that fights to own things.
Owning means to constantly think for the company and constantly try to optimize it. There is no time off. It’s a job on its own that is more than just skimming the profits.
I dont know where you got the 1% or 2% from, could you link it please? There were uprisings against the kulak class all over the country.
Owning a company, if you’re rich enough actually does mean you just skim off the top. That’s why it’s called “passive income”. You pay others to manage the company and optimize it. It’s definitely not a 9-5 job you get to come and go as you please and often the company does worse when the owners get involved because they dont know what they’re talking about. See e.g. Elon Musk and Tesla or Twitter.
We were talking about people taking ownership over the means of production, that was more than the people in the red army. People all over russia confronted the kulaks and literally took ownership of the land. It was a very chaotic time, sometimes they dealt with the kulaks via mob justice, sometimes with help from the red army, a few private owners saw the tides turning and willingly ceded whatever they had and integrated into the collective. Also the revolution preceded the civil war. The civil war was a response of the capitalists to the people taking ownership.
As for companies where the owners skim of the top, all the major ones. With stocks for instance the owners typically arent involved in the operation but just collect dividends and get together to vote a CEO, CFO etc. to operate the company for them. With others like Meta or Tesla you can see how good it is when the owners try to ram their passion projects through like with the Cybertruck or the metaverse. The whole point of “passive income” is exactly that, to make the most money from the smallest effort so you can do whatever you want.
Thanks for the insights. I thought it was only Stalin who decided to collectivice the farming.
With stocks for instance the owners typically arent involved in the operation
Those are not the real owners but people who rent money.
There are always shareholders who control the board and who make the ultimate decisions. They decide when they want to meet but nevertheless I don’t think that they do much more than managing their companies which includes networking. So even when they don’t work, they will be ‘on’.
No pity, they are rewarded more than enough.
I thought it was only Stalin who decided to collectivice the farming.
The main point of the October Revolution was “All power to the soviets”, the workers councils. And an explicit call for the seizure of factories and land by the workers working the
This is from the second All-Russia Congress of Soviets of Workers’ and Soldiers’ Deputies immediately after the revolution
I can very highly recommend “Ten Days That Shook the World” by John Reed. A firsthand account of the october revolution by an american journalist. Reads like a thriller, very very exciting.
Shareholders elect the board and they can decide when to liquidate a company. You dont have the right to destroy a thing unless you own it. They can put whoever they want on the board, or no one. They own the company, they get the profit off the company, they put absolutely minimal work into it. This is only one form of leeching off workers labor of course. Landlording is another major one.
Overall I agree with two exceptions.
The Russian civil war was fought with 1% or 2% of the population. It’s not the majority that fights to own things.
Owning means to constantly think for the company and constantly try to optimize it. There is no time off. It’s a job on its own that is more than just skimming the profits.
I dont know where you got the 1% or 2% from, could you link it please? There were uprisings against the kulak class all over the country.
Owning a company, if you’re rich enough actually does mean you just skim off the top. That’s why it’s called “passive income”. You pay others to manage the company and optimize it. It’s definitely not a 9-5 job you get to come and go as you please and often the company does worse when the owners get involved because they dont know what they’re talking about. See e.g. Elon Musk and Tesla or Twitter.
I should have looked it up before. I don’t remember my original source.
https://en.m.wikipedia.org/wiki/Russian_Civil_War
The red army had 6 million out of 280 million citizens of the USSR. So it’s a bit more.
How long do those companies exist? If owners just skim, I would expect most companies to dissolve sooner than later.
We were talking about people taking ownership over the means of production, that was more than the people in the red army. People all over russia confronted the kulaks and literally took ownership of the land. It was a very chaotic time, sometimes they dealt with the kulaks via mob justice, sometimes with help from the red army, a few private owners saw the tides turning and willingly ceded whatever they had and integrated into the collective. Also the revolution preceded the civil war. The civil war was a response of the capitalists to the people taking ownership.
As for companies where the owners skim of the top, all the major ones. With stocks for instance the owners typically arent involved in the operation but just collect dividends and get together to vote a CEO, CFO etc. to operate the company for them. With others like Meta or Tesla you can see how good it is when the owners try to ram their passion projects through like with the Cybertruck or the metaverse. The whole point of “passive income” is exactly that, to make the most money from the smallest effort so you can do whatever you want.
Thanks for the insights. I thought it was only Stalin who decided to collectivice the farming.
Those are not the real owners but people who rent money.
There are always shareholders who control the board and who make the ultimate decisions. They decide when they want to meet but nevertheless I don’t think that they do much more than managing their companies which includes networking. So even when they don’t work, they will be ‘on’. No pity, they are rewarded more than enough.
The main point of the October Revolution was “All power to the soviets”, the workers councils. And an explicit call for the seizure of factories and land by the workers working the
This is from the second All-Russia Congress of Soviets of Workers’ and Soldiers’ Deputies immediately after the revolution
https://www.marxists.org/archive/lenin/works/1917/oct/25-26/26d.htm
I can very highly recommend “Ten Days That Shook the World” by John Reed. A firsthand account of the october revolution by an american journalist. Reads like a thriller, very very exciting.
Shareholders elect the board and they can decide when to liquidate a company. You dont have the right to destroy a thing unless you own it. They can put whoever they want on the board, or no one. They own the company, they get the profit off the company, they put absolutely minimal work into it. This is only one form of leeching off workers labor of course. Landlording is another major one.
Thanks again.
I don’t believe this. The small shareholders do, but not the ones who choose the board.
The Waltons have to stay up to date unless they accept that Amazon takes over. Likewise, Bezos will work to keep his company in the lead.
Bezos bought a big house in Washington, not Florida. He will be busy all day most of the days.