Originally Posted by JapanAlex01
I never said it measures wisdom (knowledge, sure). Urgh, I hate the overuse of the word projecting but...
Why do I insist on continuing dead-end altercations with boneheads? I would probably be into S&M; I should try it...
Again, someone who can't give me a single reason why capitalism is better than socialism, and just focuses on some arbitrary bullshit (you brought up IQ, you'll say, but it was a sidenote and not the main linchpin of my argument which any reasonable adult would realise).
Ok, I'll shoot -
The organization I work for has over 40,000 employees in about 60 countries. Let's assume that it were to somehow become an employee-owned cooperative. With that assumption, I pose a few questions to you:
- I believe you've stated in prior posts that the employees of a coop would just meet to make decisions. How does that scale to such a large organization? What are the actual logistics?
- Our employee base is quite varied...MDs, JDs, PhDs, top 5 MBAs, etc. down to high school graduate/GED manufacturing folks. This information is just to illustrate the range of people we have - not judge any as providing more or less value to the organization. With that being said, how is pay appropriately determined? Are some employees not more qualified than others - not just in their specific roles, but also in their ability to allocate the organization's resources?
- What incentive does an individual have to excel? The reward that is realized as result of the individual employee's increased effort becomes diluted by the time it comes back to the individual, shifting the cost/benefit ratio.
- How does such an organization deal with under-performing employees?