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rogerashton

(3,960 posts)
4. Some good news
Wed Apr 29, 2015, 07:11 AM
Apr 2015

Scroll down for some green shoots.

Right now, before our eyes, a new economy struggles to be born. It’s more democratic than the one we have. It prizes smallness, permanence and community. It favors cooperatives and other collaborative forms of ownership and production.


http://www.east.usworker.coop/

http://www.east.usworker.coop/2015-conference/sponsors/us-federation-worker-cooperatives

A familiar tool is the employee stock ownership plan (ESOP). Often underestimated, today 11,000 ESOPs now employ nearly 11 million workers. Benefits range from higher job satisfaction and wages to improved productivity and in hard times, fewer layoffs.


https://www.nceo.org/articles/esops-improve-performance-employee-benefits

It makes me sad that some of the leaders of my profession, including at least one Nobel Laureate for economics, "know perfectly well" (without bothering to read the evidence) that ESOPS and coops are unproductive. Anti-science ideology again, I guess, but other professions don't get Nobel Prizes for it.

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