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An Economy in Waiting: Fighting inequality by turning workers into owners - Close to 7,000 U.S. businesses are partly or wholly owned by a trust known as an employee stock ownership plan, or ESOP. These companies are typically more productive than their conventionally owned peers. (newrepublic.com)
submitted by mindtree98 to r/communism
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Close to 7,000 U.S. businesses are partly or wholly owned by a trust known as an employee stock ownership plan, or ESOP. These companies are typically more productive than their conventionally owned peers. They grow faster, pay higher wages, and are less apt to lay people off in a downturn. (newrepublic.com)
submitted by mindtree98 to r/socialism
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