The only Good idea from bernie woudl be for him to decide to withdraw from politics altogether
A lot of small businesses in the Bay Area (Ca.) do this already. Bakeries, Grocers, Auto Shops, Green-Deal type ventures and other. Many just in Berkeley.
That is a capitalistic idea. Companies frequently give people stocks as part of the compensation, so they have a stake in the success of the business.
> The presidential candidate unveiled a plan to encourage companies to grant employees a stake in the business. <
Great idea. Now, Bernie owns three houses. Bernie should give a partial ownership of those houses to all the folks who work there (plumbers, maids, etc).
Doing so would certainly motivate those folks to work harder, and do a better job.
Onward the Revolution!
What is new about ownership in your employers company? If the co is traded publicly it’s called a stock purchase plan and usually is offered as part of a 401k plan with the co. subsidizing the cost.
If it is a privately held company the owner would have to be nuts to assign ownership of any part of his co to what could and certainly would turn out to be a bunch of lunatics looking for trouble if he looks sideways at them.
I do agree with Sanders that it’s not right that only a very few financial institutions control the economics. They need to be broken up as he says and allowed to compete.
If and when the Dems get control of Congress + POTUS corporations WILL be mandated to put Joe Sixpack Workers on the board. Just as is done in Germany.
Worker owned/partly owned co-ops can work very well, to a point.
If the business is highly unionized, big trouble.
If the business has a lot of close competition, big trouble.
If the business is in an expanding or changing market, big trouble.
Conflict and product evolution are not good places for management-by-committee.
How many of Bernie’s employees own a part of his multiple houses?
That’s what the stock market is for.