This does not even slightly account for risk. If all compensation is profit-sharing and I'm not a rich saver with a mountain of idle cash, it would be suicide to work at a new company, and impossible to build a company on the basis of a large initial investment that pays off over time.<p>The ideas that you take your earned equity with you when you leave, and that companies would be owned exclusively by their current workers, are mutually incompatible.<p>As with most critiques of capitalism, the attempt to propose an alternative is lazy and poorly considered.