this post was submitted on 26 Aug 2026
572 points (99.7% liked)
Work Reform
17362 readers
2298 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:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's all paper wealth, 99% of it is not tangible assets.
LIkely the companies they own can just vote to revoke those shares, increasing every other shareholders' value in the process. Will likely first need a new law allowing it in the first place as I'm not sure if that's legal currently.
Or the government takes control of those shares.
it's not legal, no. stock buybacks are voluntary, not forced.
I figured, which is why there would have to be a law saying that spaced billionaires' shares can be revoked (or acquired by the government).