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?”

@politics

  • captainlezbian@lemmy.world
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    3 days ago

    When the employees own the company every decision is made according to employee and community interests. I’m a syndicalist for that reason. Though I do acknowledge that there is a need for community funded and owned ventures as well.