News for hackers. Stuff that matters.

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

Re:Every company should be owned by its employees by photonthug on Thursday July 25, 2024 @12:25PM (#41070489)
Yeah. Saying "COOPs don't fundamentally change human behavior which has doses of greed" is like saying that a kingdom works the same way as a democracy since hey, it's all just humans. Simply involving more decision makers is a meaningful change. Certainly involving more decision makers that are outside of the business/legal/accounting class is a meaningful change.
[ Parent | on HN ]
Re:Every company should be owned by its employees by shkkmo on Thursday July 25, 2024 @03:23PM (#41072369)
Technically a worker owned Co-op is different from a company with an ESOP as described in this article. The article it links to has more details: https://www.nceo.org/articles/employee-ownership-by-the-numb...

There are a multitude of ways that employee ownership can be encouraged, required, or ownership can be limited to employees.

[ Parent | on HN ]