Through this premise, we should get rid of the concept of a corporation and share profit's equally with the employees. The problem I have with this is that, while working for corporation x, employee a used all off corporation x's resources, but want's to happily keep the spoils for themselves. When doing research and even in ordinary work, the employee will use vast resources to achieve his end, and the employee *willingly* signs over the gains of the research to them. We also forget the numerous times that an employee will come up with a "brilliant" idea, pitch them and management bears the loss, in that case, we don't go for a "loss sharing mechanism" in which the same employee can lose his retirement benefits do we? But said mistake can easily cost the shareholders tones of money. If you want the profit, be prepared to make the loss. We are only analyzing the cases where the employees actually succeed, forgetting that in many cases, the same employees cause tremendous losses.
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With Regards,
Phares Kariuki
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