This is great in theory but there are plenty of companies that struggle to succeed in the current realities of real estate costs, labor costs, regulatory compliance expenses etc. Not every organization has people leeching all of the profits, and even many good ones are struggling to stay afloat right now. Just because a company is employee owned doesn’t guarantee profits to share.
If companies stealing the value of people’s labor shut down, opening the way for new employee owned companies, that would be fantastic
This is great in theory but there are plenty of companies that struggle to succeed in the current realities of real estate costs, labor costs, regulatory compliance expenses etc. Not every organization has people leeching all of the profits, and even many good ones are struggling to stay afloat right now. Just because a company is employee owned doesn’t guarantee profits to share.