>>>And so, basically, does the idea of self-management socialism. I figure the good way would be the self-managed capitalism, where the majority of ownership would be spread across multiple owners, just enough that the workforce present in most of the companies would have the controlling pack of stock. The capital wouldn't be that faceless and uncaring, far away from those who work for it. The guys would know they're working for themselves, and you may see some miracles there, after a few years.
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>>Employee-owned businesses are getting more common. Here in Lincoln they are centered around the restuarant business and some smaller niches.
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>Niches it is now; it would be interesting to see a real corporation being run this way. Or a health insurance fund being managed by two-sided assembly of service providers and users.
Science Applications International Corporation, or SAIC, is an employee-owned corporation with tens of thousands of employees in the U.S. and abroad, including many in my area. They have a lot of Navy contracts for things like underwater acoustics. In Austin they employ UT member Doug White, who speaks very highly of them. Since they are so big, I'm sure that the experience of working for them must vary a lot at different branches.
I think that People's Drug was supposed to be employee-owned. I don't know if employees actually owned a majority of the shares, or if the lowliest clerks owned any. They were a badly run Washington area drugstore chain that was bought by CVS several years ago.
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