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Just picking up the Spirit Level again, and finding great stuff to share.
As a way of creating a more egalitarian society, employee ownership and control have many advantages. First, it enables a process of social emancipation as people become members of a team. Second, it puts the scale of earning differentials ultimately under democratic control:if the body of employees want big income differentials they could choose to keep them. Third it involves a very substantial redistribution of wealth from external share holders to employees and a simultaneous redistribution of the income from that wealth. In this context, that is a particularly important advantage. Fourth, it improves productivity and so has a competitive advantage. Fifth, it increases the likelihood that people will regain the experience of community. And sixth, it is likely to improve sociability in the wider society.
The real reward however, is not simply to have a few employee-owned companies in a society still dominated by hierarchical ideology and status-seeking, but to have a society of people freer those divisions.
– The Spirit Level:Why Equality is Better for Everyone. p.260-261.
Yes, gentle readers, a more a egalitarian society is better for everyone. What a concept eh? :)




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