FWIW, Starbucks copied its profit sharing (and other ideas) from Sam Walton. Walton's bio pop biz book was widely read (early 90s). Starbucks was considered very progressive for the time (by us "carpet walkers", what the blue collar workers called us office workers). Lot's of happy worker bees.
But at some point, Walmart took a hard turn to the right.
And to my own shame, I didn't understand how anti-labor Starbucks was at the time. There was always grumblings and heresay. It was easy to dismiss as sour grapes and cranks. Then Schultz became a candidate for President and all the knives came out.
Moving forward, I just want what's fair. I don't understand how it's okay for the top of the heap to become billionaires while the minions are making starvation wages. It doesn't have to be 50/50 even split of the spoils. But upgrading from 1/99 to 10/90 or even 20/80 would materially improve the lives of millions of people.
The median wealth in the US is $70k. The ratio is more like 1/100,000 for your average billionare, and 1/10,000,000 for zuckerberg, gates, and bezos. In this scheme 1/99 would be downright communistic.
But at some point, Walmart took a hard turn to the right.
And to my own shame, I didn't understand how anti-labor Starbucks was at the time. There was always grumblings and heresay. It was easy to dismiss as sour grapes and cranks. Then Schultz became a candidate for President and all the knives came out.
Moving forward, I just want what's fair. I don't understand how it's okay for the top of the heap to become billionaires while the minions are making starvation wages. It doesn't have to be 50/50 even split of the spoils. But upgrading from 1/99 to 10/90 or even 20/80 would materially improve the lives of millions of people.