Skip to main content
TNR - Workers deserve to be owners

Workers Deserve to Be Owners, Too

Early in the pandemic, General Electric workers in multiple states staged walkouts and protests to demand the use of their plants and labor for the production of ventilators. “Instead of laying workers off,” Carl Kennebrew of the Industrial Division of the Communications Workers of America said in an April press release, “GE should be stepping up to the plate with us to build the ventilators this country needs.” But what if workers at those plants had positions of real authority at the bodies within the company where such things are decided? What if those workers, in some meaningful sense, actually owned and ran GE to begin with?

There’s early evidence to suggest these proposals would be popular with the American people if Democrats leaned into them. Polling from YouGov commissioned by the think tank the Democracy Collaborative last year found that a majority of registered voters would support the creation of a federal social wealth fund, policies incentivizing the voluntary transfer of ownership stakes to employees, and even making companies with more than 250 employees grant those employees half of their stock over time—a proposal more radical than the ownership plan Sanders put forward.

Read the entire article at The New Republic.

Publication date: 2020-05-20
Parent publication: New Republic
Publication URL: https://newrepublic.com/article/157759/workers-deserve-owners

More related work

Default Image

Healthcare as a public service: Redesigning U.S. healthcare with health and equity at the center

The Veterans Health Administration—the country’s only fully public, integrated healthcare system—has a lot to tell us about how a national healthcare service for the United States might operate.

read more
Default Image

Preston is putting socialist policies into practice

Labor movements must pursue a social and economic vision that can address the deep structural inequalities these pandemic years have exposed. Preston gives a glimpse of the exciting possibilities that collaboration with unions could achieve.

read more
Default Image

This must be the year of climate action—we've wasted so many

The climate issue has grown too large and devastating to ignore. We need the demand for action raised to the highest decibel our civil society can generate.

read more