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"That so many businesses offer health insurance benefits - such that half of all Americans get their health insurance from their employer" I find it a rather s
by dharma1 9y ago
"That so many businesses offer health insurance benefits - such that half of all Americans get their health insurance from their employer"
I find it a rather sad state of affairs that you need private health insurance in the first place.
While I agree with you that competition for some skills that are in high demand tends to push wages up significantly for those who are lucky enough to possess such skills, for majority of jobs where there is ample supply of workers, companies certainly favour distributing profits to management, dividends and financial engineering like share buybacks rather than spending it on the workers.
In an employee owned organisation you would assume the worker/owners would get higher compensation, but it seems like their governance is also often corrupted and in reality they can be worse places to work at.
It is interesting to see if governance models using technology (like blockchain based equity and voting, like http://aragon.one http://aragon.one) for organisations prove to be more resistant to corruption and can usher new ways of organising ownership and work.