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A comment on Every company should be owned by its employees. Parent comment

Re:Every company should be owned by its employees by aleph_minus_one on Thursday July 25, 2024 @08:33AM (#41067900)
> On top of that the union has responsibilities to provide benefits to all members, a bank or investor has none of that

A bank has responsibilities to its shareholders.

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Re:Every company should be owned by its employees by piva00 on Thursday July 25, 2024 @09:45AM (#41068625)
But not to all members participating in the machine, hence my point that unions have a responsibility over all its members.
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Re:Every company should be owned by its employees by hellojesus on Thursday July 25, 2024 @11:01AM (#41069484)
To the extent the bank wants to retain employees, it does need to provide some minimum level of utility. That may be as simple as an hourly wage for some, but both shareholders and employees are participating in the machine.
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