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Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Via Anarcho-Capitalists' Forum: What the Founding Fathers Believed: Stock Ownership for All Mon Nov 18, 2013 4:50 am | |
| Paul Solman: "Using tech playbook, oil drillers shower employees with stock." So read a recent article in Reuters.
But as Joseph Blasi of Rutgers and Richard Freeman of Harvard emphasize in Friday's post, worker ownership is as new as fracking, but as old as America itself. George Washington, a slave owner, remember, believed that broad-based worker ownership would ensure "the happiness of the lowest class of people because of the equal distribution of property."
John D. Rockefeller encouraged worker ownership. George Eastman (of Eastman Kodak) helped invent stock options.
These and other rather surprising facts are in Blasi, Freeman and co-author Doug Kruse's new book, "The Citizens Share," which Freeman told me about recently when I interviewed him for the NewsHour.
"The Alternative American Dream: Inclusive Capitalism." That was the headline of an extremely popular post on our Making Sen$e Business Desk by long-time worker ownership activist Chris Mackin this summer. Now, Freeman and Blasi, in a sense, follow up.
More: http://www.pbs.org/newshour/businessdesk/2013/11/what-the-founding-fathers-beli.html |
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