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I wonder if it would be possible to make a charitable organisation that receives and buys stock in companies and holds it on behalf of their workers, letting the workers vote with that stock.
That might be a small avenue to workplace democracy.
If it ever gets enough of a company, it could turn it into a proper co-operative.
#economics #socialism #marketsocialism

Cc: @interfluidity @ntnsndr @KevinCarson1 thoughts?

#Economics #socialism #marketsocialism @Nathan Schneider @Kevin Carson @Steve Randy Waldman
This entry was edited (7 hours ago)
in reply to Light

Steve Randy Waldman
mastodon - Link to source
Steve Randy Waldman
• •
not exactly what you are after, but ESOPs are a related idea esop.org/

What Is an ESOP and How Does It Work?

All about employee stock ownership plans (ESOPs); explanations, statistics, representative companies, and more.
www.esop.org
in reply to Steve Randy Waldman

Nathan Schneider
mastodon - Link to source
Nathan Schneider
• •
Yeah, ESOPs are a version of that, abeit often with a pretty constrained view of worker interest. A charity, also, might encounter tension between a charitable charter and worker interest. Why not just do it as a cooperative to start with?

mastodon - Link to source
what RSS feed reader do yall use?
in reply to 💜 pry 💜

Devine Lu Linvega
hometown - Link to source
Devine Lu Linvega
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I hope you like it ^__^ I've been using it for years, it has some issues, but nothing too annoying.

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