Power to the People

Corporations, conglomerates, and industrial organizations aren’t the enemy, ipso facto. In fact, they make socialism not only possible, but necessary, IMO.

What is the enemy is unbridled greed, rampant cronyism, nepotism and, especially, the codification of deep income inequality. It is not good for a society when individuals can amass fortunes they can’t possibly spend. That they then turn some of that fortune into philanthropy and charitable organizations doesn’t change the fact that it should be criminal for one individual to take that much surplus value from the workforce that made their fortune possible. It’s estimated Jeff Bezos makes (not earns) around $2,500/second. Dafuque does he do, other than own Amazon stock?

I’m not saying inventors, creators, entrepreneurs, etc. aren’t entitled to profit from their efforts, but they shouldn’t be able to continue siphoning profit off an organization that has reached a point where it could easily survive without them. By the same token, intellectual property law has expanded patent and copyright protections way beyond their original intent, creating other avenues of indecent profit-making.

And getting back to what I said about making socialism possible and necessary, without large profitable organizations, we’d all be living off mom & pop’s and craft-making. Many of the products we enjoy, and that provide the grease that skids civilization as we know it, would not be possible without large factories, laboratories, and other institutions. By their very nature, though, they transcend the control and direction of any one individual, and I believe our pay/profit structure needs to take that much more into consideration, providing a larger share to the workers who have helped make the org successful.


About Rick Ladd

Born in 1947, I am an officially retired pensioner who still has two teenage daughters and a desire to contribute. I remain intensely interested in, and fascinated by, Systems Thinking, Machine Learning, Knowledge Management, Decision Intelligence, and Business in general. I am also conversant in such concepts as innovation and ideation, collaborative tools and strategies, crowdsourcing, and the use of social media to accomplish goals ranging from improving business processes to promoting small retail businesses. Since my "retirement" I have done a little bit of freelancing as an editor/proofreader, as well as some technical writing. I've also done a fair amount of Facebook marketing as well. There's lots more where that came from. Need some help? Perhaps another set of eyes? Contact me. The first one's free! ;0) View all posts by Rick Ladd

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