I know exactly what you’re saying. You’re using the same “fairness” arguments that people like Jeff Bezos use to keep you from focusing on his literal mountain of wealth. As if the only fair solution is to let them hoard money while people starve to death. To that I say again, slurp slurp.
It’s not a “fairness argument”. I’m not arguing some subjective value judgment of mine, to be debated.
If you expect your roulette bet to pay out when you win, you’d better believe it’s part of the arrangement that the casino is not going to give your bet back when you lose. You can’t get the payout without the risk of loss; similarly, that’s how owning stock works.
So if you as a worker want the benefit that comes with your employer’s company’s net worth going up (which many workers do in fact get, it’s not that rare for stock to be part of a compensation package), it is only fair that you also accept the possibility of being on the hook if it goes down (which is what happens if you’re paid in stock whose price goes down after you receive it).
I know exactly what you’re saying. You’re using the same “fairness” arguments that people like Jeff Bezos use to keep you from focusing on his literal mountain of wealth. As if the only fair solution is to let them hoard money while people starve to death. To that I say again, slurp slurp.
It’s not a “fairness argument”. I’m not arguing some subjective value judgment of mine, to be debated.
If you expect your roulette bet to pay out when you win, you’d better believe it’s part of the arrangement that the casino is not going to give your bet back when you lose. You can’t get the payout without the risk of loss; similarly, that’s how owning stock works.
So if you as a worker want the benefit that comes with your employer’s company’s net worth going up (which many workers do in fact get, it’s not that rare for stock to be part of a compensation package), it is only fair that you also accept the possibility of being on the hook if it goes down (which is what happens if you’re paid in stock whose price goes down after you receive it).
You can’t have it both ways.