Does Ownership by Employees Make Capitalism More Humane? Your Views.
Many American companies are employee-owned. They share profits and losses and they do well. My father, so idealistic that he owned and operated his own meat meaket, often said he hoped a supermarket would open near his store. “Their customers will come to me because they want better service than supermarkets give them.” No supermarket was brave enough to open near his store and he did very well.
What say you about employee ownership?
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4 comments
Feel free to reply to any comment by clicking the "Reply" button.The John Lewis Partnership in the UK is held up as a model of business management but I hear that Partners are not always happy . It IS the shop that one goes to for the best information on a product.
Mcflewster
Level 8
Jan 6, 2022
0
A Harvard Busiess Review article years ago said employee ownership correlates with better environmental policies and less employee theft. I saw no mention of happiness.
How many Millions did you invest in the company???
CourtJester
Level 7
Jan 3, 2022
0
Which company?
@yvilletom any company. I don’t think anyone that didn’t take the risk of starting or buy a company should take part in the ownership benefits.
@CourtJester You have some homework to do.
@yvilletom
Why should a guy with a GED be equal to the guy that takes the legal and financial risk of opening a company???
@CourtJester Do your homework. Period.
@yvilletom explain it. I see your view point as laziness wanting to benefit from the hard work of others.
I think co-ops are the way to go but they are not a panacea to Capitalism. In the long run they will foster a kind of resentment and anger against each other but not on the short run. Maybe we could use the golden period to create a generally better, fairer, system though.
rainmanjr
Level 8
Jan 3, 2022
1
Why do you say “...they will foster a kind of resentment and anger against each other....”?
Many companies sell their stock to their employees at a reduced price. Walmart and Homeland come to mind. Unfortunately salaries for most employees in those places is not large enough for them to buy enough stock to have any real say in company policies.
Lorajay
Level 9
Jan 3, 2022
2
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