It also gradually removes the barriers between workers and capital in a positively Jeffersonian way. Owners who weren't comfortable with that could, of course, fire people every 3-5 years, but firing and hiring isn't free either.
I've always thought that it might be an ideal solution to wage capitalism to force owners to sell equity to their employees at some predictable rate.
I've always thought that it might be an ideal solution to wage capitalism to force owners to sell equity to their employees at some predictable rate.