Shareholder Socialism

from Wikipedia, the free encyclopedia

The idea of shareholder socialism or also shareholder socialism is essentially that of taking into account the socialist idea within the capitalist system .

The steadily growing number of private households that own stocks results in a growing proportion of people who are proportionally owners of the means of production.

The idea of ​​representatives of shareholder socialism is now to transfer fungible but non-salable shares to people of a certain age , which they then invest where they expect the most return . Upon the death of the relevant owner, the securities portfolio reverts to state ownership or is reissued by the state to other persons.

Another key point made by representatives of shareholder socialism is a stronger role for the state in corporate constitutions. Means of production should formally belong to the state, but should be managed according to private guidelines in order to maintain the efficiency of capitalist production.

criticism

One point of criticism of the idea itself is that the representatives of shareholder socialism do not adequately grasp the main conflicting interests of broad sections of the population. The worker is interested in the highest possible wage, the capitalist, on the other hand, in the highest possible return. Such a return can be achieved, for example, through lower wages, poorer working conditions, etc. Thus the worker as a “capitalist” would run counter to his fundamental interests.

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