Huawei just distributed out $9.65Bn in dividends to its 131K employees, which means that on average folks got $73K. I don't have the median but many folks who joined close to two decades ago are apparently seeing payouts north of a quarter mil. Pretty good for an embattled co.— Rui Ma 马睿 (@ruima) April 4, 2022
if the workers actually have control of the means of production
That's the million-dollar question, of course. Do the democratic levers in a co-op connect to anything more than democratic levers in a union did? When times get tough and Huawei Execs have to choose between shareholders and workers, do the laborers have the power to discipline capital or will it be the other way around?
Under capitalism, we know the answer. I'm asserting that Huawei is - ultimately - a capitalist enterprise. And if the managers and shareholders can't extract a greater share of labor value from the workers, I'll gladly admit I was wrong.
Further, the union model in the US during that time was a series of reforms to ease long standing contradictions, not an early stage of Capitalism.
It was a reset following the Great Depression's collapse. And it set up a new era of Imperialism that was more successful than any before.
deleted by creator
That's the million-dollar question, of course. Do the democratic levers in a co-op connect to anything more than democratic levers in a union did? When times get tough and Huawei Execs have to choose between shareholders and workers, do the laborers have the power to discipline capital or will it be the other way around?
Under capitalism, we know the answer. I'm asserting that Huawei is - ultimately - a capitalist enterprise. And if the managers and shareholders can't extract a greater share of labor value from the workers, I'll gladly admit I was wrong.
It was a reset following the Great Depression's collapse. And it set up a new era of Imperialism that was more successful than any before.