Is Chobani Doing Captialism Wrong?

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  • #19612
    duxrule
    Participant

    The CEO of Chobani just announced that his employees are also going to benefit when the company goes public, as each one will get a piece of the enterprise, based on tenure. Some people could get seven-figure windfalls.

    http://www.newser.com/story/224212/chobani-boss-may-turn-workers-into-millionaires.html

    #19613
    missing_kskd
    Participant

    Direct investment in the future is not wrong.

    #19614
    missing_kskd
    Participant

    There is as much money in the world as people can borrow, people can borrow when they can afford to take risks, and when they can afford to take risks, all of that money competes in the world making us all better off.

    Capitalism can be a beautiful thing. It’s not an intrinsic evil, and what is needed is moral direction in the economy and the scope of what capitalism does and how it does it. This is what Bernie talks about.

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