4 ms·
It's not even in the same game, forget ballpark. Rank and file aren't really "shareholders". We hold an utterly insignificant stake compared to funds and other
by btbuildem 3y ago
It's not even in the same game, forget ballpark.
Rank and file aren't really "shareholders". We hold an utterly insignificant stake compared to funds and other corps. They can take a board of directors and bend their beaks all they way back to their rectums, force them to act against a company's best interests.
Employee ownership means the employees decide what they do with the profits derived from their labour. The company itself tends to benefit as well, in terms of stability, quality of work life, and long-term profitability.