logoalt Hacker News

jvanderbottoday at 3:04 AM0 repliesview on HN

This narrative is clean, matches expectations and history.

But let's be clear - we all probably own a decent part of our companies (collectively). Productivity gains mean winning the race to market, profits, glory. And that means ownership is valuable.

At the _very least_, you can push your company stock higher and buy it with your 10% IRA contributions or through a similar investment program and make 16x your investment over your 40 year career.

It's easy to look tactically at productivity gains being "captured" by high CEO bonuses, and that's legitimate, but we have so sufficiently seized the means of wealth production if we have stock options and market access that I'm not sure it's really valid to say we get, paraphrasing, "nothing if not a day off work".