A Small Insertion into a Recent Defense Bill Could Yield Important Results.
The midweek post on this blog most often addresses questions of science and technology. This week we are taking a slight detour to examine questions around ownership of companies in the modern economy. In an era in which income inequality is an increasingly front and center issue, the idea of employee ownership has appeal.
This is not to claim that employee ownership is always a winning formula. A successful company still needs management. A business run like a New England town meeting is unlikely to survive in a tough competitive environment for long.