Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I was thinking today that what is required is a new type of legal company structure. Something that changed the motivations. Something that honoured employment. It may sound like a co-operative...

It should be not-for-profit, owned by all who work in it - with no outside shareholders. Salary differential capped at 30:1. Being non-profit, ie after costs, would mean higher salaries all round.

People who leave the company could cash out their ownership, but only by selling to existing owners.

An investment instrument would be needed to put income above costs into a trust to be used for expansion. The trust could be part of a network of similar trusts that invested in government bonds instead of  paying taxes. That way one could control the buggers!

Just dreams - but if anyone with knowledge could point out why this couldn't work - or add to it, I'd be happy...

You can't be me, I'm taken

by Sven Triloqvist on Tue Jan 3rd, 2006 at 10:23:58 AM EST
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