A distraction from the election: The case for employee-owned companies
https://www.pbs.org/newshour/economy/column-the-case-for-employee-owned-companies
“Ellerman has for years made an argument as startling as it is hard to refute: “the labor theory of property.” It’s that employees should own the firms they work for because of very simple logic: If they’re responsible for the consequences of their actions while on the job — committing a crime, say — how can it be that they’re not responsible for the positive things they do?”
Worker cooperatives should be everywhere. I hope that governments start recognizing it and giving subsidies to co-ops instead of corporations.
Any company that receives government subsidies or is bailed out because it’s too big too fail or whatever the reason should be mandated to become a worker coop
@politics