A Future Worth Fighting For
March 26, 2019 9:26 AM Subscribe
“Excess profits would no longer benefit only the rich and powerful, and the benefits of holding capital would be shared across society. The funds would be controlled by workers within entire branches of industry, thereby ensuring that they would not provide an unequal benefit to workers in the most profitable companies and not contribute to increased differences in wages between workers — unlike other profit-sharing schemes bound to specific companies as have periodically been seen in the US and other countries in the past.” Revisiting the Meidner Plan, what we can learn from the 1970s Swedish effort to gradually socialize ownership.
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