Selected Articles: Why more employee ownership is needed! (from: US News)
We found this interesting US News article on why more employee owned businesses are needed. The article is perfectly describing the similarities and differences between employee and non-employee owned companies.
David Brodwin, the author, points out that: “A truly sustainable economy needs more employee-owned businesses and partnerships.”
He also makes an important point by claiming that: “These businesses stabilize consumer incomes and spending power, stabilize employment, stabilize corporate cash flows, and blunt the extremes of the business cycle. For this to happen we’ll need to find ways to attract more capital into the field, to finance the conversion of existing investor-owned businesses to a new ownership model.”
