I'm not opposed to employee ownership but there's no reason to think that mandating a certain minimum level will produce better outcomes. The equity dilution wi

I'm not opposed to employee ownership but there's no reason to think that mandating a certain minimum level will produce better outcomes. The equity dilution will increase the cost of capital, making it harder to start or expand businesses. Most workers have virtually zero ability to impact shareholder returns. And low skilled workers really need cash today, not the possibility of dividends or capital gains tomorrow.