What use is there of shareholders, lenders, ceos, and finaciers?

Why are they absolute when it comes to shutting down production, manipulating the MOP, and calling the shots?

What is the empirical evidence of their genius or their ability that… If they were too disappear; the whole of society would be left confused, blind, and inert?

I know we all say the truth that they really are just useless parasites. But genuinely more and more; the capitalist class is looking just as vestigial as royalty and aristocrats.

What is the point of them? Cause there MUST BE at least some material benefit to them at least a little… Right?

The only thing I can think of is that boards of directors seeves as a working model of what a high ranking vanguard may look like with all the trappings of material conditions and proletarian class based ideogly being the motive of success instead of profits.

Why does anyone tolerate this arraingment?

  • @DrSankara@lemmygrad.ml
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    21 year ago

    imagine the confusion of every company that will just not know how to get the ressources, how to pay salaries and stuff

    This stuff is almost always just done by lower manager, logistics, payroll, hr, etc

    But yes even then, in a hypothetical system, deleting the shareholders would lead to system facing severe system dysruption without additional modifications and changes to the system as a whole. But no one would make such a suggestion, nor would one be even feasible, and should this hypothetical “shareholders deletion” shouldn’t be considered as a realistic take on revolutionary theory

    *Sprinkle in a little Marxist economics and lenin’s imperialism * But of course shareholding needs to be heavily reformed (this is a major avenue of wealth transfer from the proletariat to the bourgeoisie and also for monopolistic control over the means of production) and eventually completely abolished

    • @lil_tank@lemmygrad.ml
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      1 year ago

      This stuff is almost always just done by lower manager, logistics, payroll, hr, etc

      My sentence must have been ambiguous, I was stressing the importance of the existing currency in supply chains. To take a simple example: a factory uses steel to make products, if they don’t have the money influx because shareholders are brutally forbidden they could be in a situation where the steel market is still here but they don’t have access to the monetary ressources that allow them to purchase from the steel market. To transition to socialism would mean organising a system of distribution of primary ressources that is not a market, I can imagine how complex it will be. And then we would have to organise every step of every supply chain of every industry. It’s a mind boggling problem, I’m confident we could make it eventually but only decades after the establishment of multiple socialist revolutions across the world