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   Light (light@noc.social)'s status on Monday, 16-Mar-2026 05:45:06 JST Light

   • Nathan Schneider
   • Kevin Carson
   • Steve Randy Waldman

   I wonder if it would be possible to make a charitable organisation that receives and buys stock in companies and holds it on behalf of their workers, letting the workers vote with that stock.
   That might be a small avenue to workplace democracy.
   If it ever gets enough of a company, it could turn it into a proper co-operative.
   #economics #socialism #marketsocialism

   Cc: @interfluidity @ntnsndr @KevinCarson1 thoughts?

   • Embed this notice
     Nathan Schneider (ntnsndr@social.coop)'s status on Monday, 16-Mar-2026 05:45:04 JST Nathan Schneider

     in reply to

     Yeah, ESOPs are a version of that, abeit often with a pretty constrained view of worker interest. A charity, also, might encounter tension between a charitable charter and worker interest. Why not just do it as a cooperative to start with?

   • Embed this notice
     Steve Randy Waldman (interfluidity@zirk.us)'s status on Monday, 16-Mar-2026 05:45:06 JST Steve Randy Waldman

     in reply to

     • Nathan Schneider
     • Kevin Carson

     @light @ntnsndr @KevinCarson1 not exactly what you are after, but ESOPs are a related idea https://www.esop.org/