Clive George wrote:
On 30/01/2012 16:33, Cynic wrote:
On Fri, 27 Jan 2012 20:52:58 +0000, Clive George
wrote:

Try answering the question I asked.

No, it's a straw man.

It certainly is not. It is fundamental to the issue of allowing
employees to share the profits of a company. Because if employees
share the profits, they should also surely be obliged to share the
losses.

You seem to be completely ignoring the financial makeup of a lot of big
companies. The people at the top there don't take personal risks. They
risk other's money.

Thats the difference between a privately owned company and a listed one.

Most listed companies were risk takers once, but tat was years ago.

Then they become cash cows, leveraging their market shares and fine
tuning productivity.

The top management have gold plated contracts whether they do a good job
or not, by and large.

It's a very different story in an SME where the owner mortgages his home
to start it and stands to lose everything, and personally knows all the
staff members.