this post was submitted on 04 Nov 2024
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The empirical evidence I have seen on worker coops and employee-owned companies seems to suggest that worker-run companies are slightly more productive.
I oppose socialism as I think markets are useful. I advocate economic democracy
In an economic democracy, the employer-employee contract is abolished, so workers automatically legally get voting rights over management upon joining a firm.
My understanding is that companies run by their founders are the most productive. Once that's handed off, motives change.
I'd like to see the research you've found though.
I'll also have to read more about economic democracy, because I'm not familiar with it.