this post was submitted on 05 May 2026
1450 points (99.1% liked)

Work Reform

16347 readers
11 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] SatansMaggotyCumFart@piefed.world 12 points 1 week ago (1 children)

That's why they use the stocks as collateral for a loan.

[–] krisevol@lemmus.org 6 points 1 week ago (2 children)

Exactly. The second we tried to liquidate him, none of that money would exist.

[–] flandish@lemmy.world 6 points 1 week ago (1 children)

and yet he still has the reach and power he does, with ephemeral shit like stocks. as if they’re … just like dollars. it doesn’t matter what kind of asset it is, these billionaires need to go.

[–] krisevol@lemmus.org 1 points 1 week ago

But by removing there stocks, you wouldn't remove their influence, they still know the same people and hang around the same people.

By liquidating his stocks, you would get no money as it would crash the markets, but he would still be CEO, and asking for a different compensation package.

I really don't see what we would gain from it

[–] i_stole_ur_taco@lemmy.ca 3 points 1 week ago (1 children)

Then we try liquifying instead?

[–] krisevol@lemmus.org 1 points 1 week ago

And getting what exactly, the money doesn't exist