posted on Mar, 7 2013 @ 12:23 AM
reply to post by dean007
I've suggested a very similar business model in the past (see equality link in my sig). It is possible to create a business with no stock/shares but
it's very difficult in this business environment we already have. Getting the starting capital is the main problem if the business is to be entirely
owned by employees, there can be no big investors who seek a large portion of company ownership.
As for the quality of the product, that's something which would depend on the business. Some businesses go for lower quality and lower prices, some
businesses go for higher quality and higher prices. However by cutting out the stock system much more of the business profit can be spent on making
the products higher in quality whilst remaining at a reasonable price.
There are also many industries which simply don't provide a high enough level of quality regardless of the manufacturer. There is a clear potential
for new highly efficient businesses to come in and manufacturer extremely high quality products at a reasonable price. When your only options are a
load of crap many people don't mind paying a little bit more for a vastly superior product.
I was watching a documentary the other day about planned obsolescence and the history of the light bulb. They talked about this old light bulb in a
fire-station which had been burning for over 100 years without needing to be replaced... and the conspiracy to lower the bulb life to 1000 hours. You
tell me, would you prefer a $2 light bulb which lasts 1000 hours or a $5 bulb which lasts 100 years?
edit on 7/3/2013 by ChaoticOrder because:
(no reason given)