You’re forgetting that people don’t like disruption in their lives. Seeking short term profits ends up causing disruptions, so employee-owned companies are disincentivised to seek short-term gains, though it’s still technically possible.
Another thing to note is that most employee-owned companies have a disbursement periods where it takes years for an employee to have a full stake in the company.
Having a mix of beneficial strategies would be best imo. Co-ops are better for servicing a single community, while employee-owned can scale up better.
All of capitalism is keeping advertisers happy. Advertisers and shareholders.
Maybe we should switch to co-ops and employee-owned companies to fix that bullshit
Worker owned means the employees are the shareholders. Might not do layoffs but still plenty of reason to chase excessive profit in other ways.
Co-ops might work. Consumers as the owners.
You’re forgetting that people don’t like disruption in their lives. Seeking short term profits ends up causing disruptions, so employee-owned companies are disincentivised to seek short-term gains, though it’s still technically possible.
Another thing to note is that most employee-owned companies have a disbursement periods where it takes years for an employee to have a full stake in the company.
Having a mix of beneficial strategies would be best imo. Co-ops are better for servicing a single community, while employee-owned can scale up better.