Mondragon tried that, it seems to mostly work. I think the keyword is smaller, companies don’t know how to grow without hiring idiots who then become in charge.
Volkswagon was similar for a while until the monied class realized someone, somewhere was making money without them and bought their way into a controlling position. Still have significant, though no longer controlling union ownership.
Mondragon tried that, it seems to mostly work. I think the keyword is smaller, companies don’t know how to grow without hiring idiots who then become in charge.
Thank you. The only example I’ve had prior was British Telecom.
Volkswagon was similar for a while until the monied class realized someone, somewhere was making money without them and bought their way into a controlling position. Still have significant, though no longer controlling union ownership.