I personally believe that the workers should run the business, however the business and it's profits should be shared amongst all of society.Ostroeuropa wrote:It keeps free markets and all that.
Theres a method of doing it that I prefer, which is basically that anyone who works for a corporation gets 1 share of stock to vote with. No non-workers may vote with stock.
Wages would be abolished, instead, every worker gets a share of the corporate profits determined by the collective.
(The current progenitor is the Mondragon corporation, which uses:
Unskilled labour - 1 share
Skilled Labour - 3 shares
Management - 5 shares
Upper Management 7 shares)
System.
thus, upper management will only EVER receive 7 times the pay of the lowest paid work, and that pay is ENTIRELY dependent on how well the corporation functions.
If profits go up, everyones wages go up. If profit goes down, everyones wages go down.
This model makes firing people (for reasons other than incompetence or bad behaviour) obsolete. We no longer have to fire people because times are tough. People will willingly leave when their pay goes down. (Too many workers sharing not enough profit. Those willing to leave will do so. If noone wants to leave, then there is no problem.)
Imagine it as basically a form of socialist-corporation.
It means you can entirely scrap things like workplace-health acts, since the workers of the company are going to vote for healthier working conditions anyway.
And if they dont vote for them, who are we to say otherwise? They know the risks best.
The importance of the vote is that it allows workers to fire incompetent managers by voting them out, which can be vital. Ofcourse, it is NEVER in their interest to fire an actually competent manager. Doing so would hurt their incomes.
It also means that every worker has a vested interest in the corporation doing well. If it does well, they get more cash.
It minimizes laziness. Every worker knows they get a share of the profit, so why laze?
What about that then ^.
That's an alternative.
