Tax.... what is everyone’s problem with it?

The other comment, im surprised the man didnt say that in his interview train crash lol

There's a lot he could have said in that interview such as "I didn't have sex with that girl" or "I didn't have sex with anyone at his house". But no. He said "That photo is upstairs and I never went upstairs" and "I don't have any recollection of meeting that girl". Weirdo.
 
The problem is simple.

A lot of companies end up being run solely for the benefit of the shareholders (often pursuing short-term returns) than their customers, or even the long-term interests of business itself.

This is causing not only businesses to make terrible anti-consumer decisions, but is also causing products and services to visibly get worse over the years, due to cost-cutting, etc. It can and does lead to staff being treated poorly.

There is no doubt that shareholders end up being the most (only) important thing. More important than the business; the product; the staff.. everything.

You can pretend that shareholders are win/win for everyone, but reality is they often behave like a cancer the business can't cut out. The pursuit of shareholder returns becomes the sole focus of the business.

You didn’t answer the question - what are you actually proposing? Just have sole traders and partnerships?

How do you ban shareholders re: foreign companies? Do you just stop foreign goods and services from being sold here?

Are you going to ban Facebook and google?

We can only use a search engine if it is government controlled?
 
I feel like you're conflating Directors with Shareholders.
You could be right. But regardless of who is making those decisions, I don't think it's wrong to say that the interests of shareholders have become in many businesses more important than the customers, the staff, or the business itself.
 
You could be right. But regardless of who is making those decisions, I don't think it's wrong to say that the interests of shareholders have become in many businesses more important than the customers, the staff, or the business itself.

Why?
 
Sorry what are you asking for an explanation for? Also Mags go jump out of that plane already. Sans parachute. You add nothing to any discussion, so unless you've actually got something to input, jog on.
 
Sorry what are you asking for an explanation for? Also Mags go jump out of that plane already. Sans parachute. You add nothing to any discussion, so unless you've actually got something to input, jog on.

You said the interests of the shareholders have become more important than the staff/customers etc. What exactly makes you think this and are there any examples of what you mean?
 
Sorry what are you asking for an explanation for? Also Mags go jump out of that plane already. Sans parachute. You add nothing to any discussion, so unless you've actually got something to input, jog on.
If we get rid of shareholders, what are you proposing the structure of businesses should look like? How will this impact things like your pension?
 
Well for a start - what are you actually proposing?
Do you expect that every time someone has a complaint about the way the world works, that they must be prepared to immediately volunteer a perfect solution to said problem?

In which case I'd love to hear everything you don't like about the world and your perfect plan to fix each and every one of them.

There are tons of things I don't like about the world that I cannot solve. I'd be extremely rich if I had answers to all the worlds problems.
 
Do you expect that every time someone has a complaint about the way the world works, that they must be prepared to immediately volunteer a perfect solution to said problem?

In which case I'd love to hear everything you don't like about the world and your perfect plan to fix each and every one of them.

There are tons of things I don't like about the world that I cannot solve. I'd be extremely rich if I had answers to all the worlds problems.

A perfect solution? No. A solution? Yes.

You're the one who suggested the structure doesn't work - seems reasonable that you have a better idea?
 
Do you expect that every time someone has a complaint about the way the world works, that they must be prepared to immediately volunteer a perfect solution to said problem?

In which case I'd love to hear everything you don't like about the world and your perfect plan to fix each and every one of them.

There are tons of things I don't like about the world that I cannot solve. I'd be extremely rich if I had answers to all the worlds problems.

Where did anyone ask for a perfect solution?

If you’re going to go full derp then you might as well throw in stuff like:

“Hey guys, the government prints money right so why don’t they like just give everyone 2 million pounds - it would solve the homeless problem and end poverty”

Then if anyone questions it just default to “OMG why ask for a perfect solution?”
 
That's deflection.

Waived.
It's a valid answer to the question. I haven't been spending years in secret developing a brand new economic model to replace shareholders. Didn't say I had.

I'm far from the only person who doesn't like the role shareholders play in the world right now, however.

As much fun as it is (I'm sure) for you lot to **** on me, personally, there are plenty of economists and others that are questioning the role that shareholders play in modern businesses.

Whilst they aren't proposing to get rid entirely, many have pointed out the issues that I mentioned above.

So you either waste your time burning me in this thread, or you can just Google what these various commentators are saying about shareholders, and questioning the approach businesses have been taking in putting shareholders before their customers, which isn't uncommon.
 
A perfect solution? No. A solution? Yes.

You're the one who suggested the structure doesn't work - seems reasonable that you have a better idea?
Well in many cases it isn't working. I'm far from the only person who has ever said that.

Honestly you guys seem to be entirely unaware of any other perspectives than your own. Do you not ever challenge the established way things work? Do you not think, "Man this aspect of our world really sucks. I wonder if others have the same opinion?"

I do all the time. And whilst I never actually think of a way to solve these problems, I do know that many of the things I consider to be bad about this world, most of the time there are much smarter people and much more experienced people than me expressing the same views.

I think the difference between me and others is that I'm much less accepting of the status quo, and won't defend something that I don't like just because it's "the way things are."

A lot of you guys do nothing but defend the status quo. Why is that? You think we've made the perfect world and can't do any better?
 
Yeah those pensioners, how dare they work all their lives, save for a pension and then live off the income during retirement.

I think Foxeye is angry because his idea of a fair society is to be able to do a job requiring minimal effort, within an easy commute of his Cornish town, that also pays 50k and allows him to buy a house in a desirable area... and if he can’t do this then life is unfair and it’s the fault of some other people.
 
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