The Philosophy of Employee Ownership
Quietly, over the past fifty years, an iconoclastic scholar named David Ellerman has been laying the intellectual groundwork for an employee-owned economy.
No one should underestimate the importance of such an effort. Adam Smith and others built the philosophical foundation for free enterprise and market-based competition. John Locke and others did the same for a republican form of government. Institutional evolution follows intellectual evolution.
Most of us in the employee ownership community probably favor the concept because it seems fairer. We believe in greater economic equality and opportunity, and so we believe in a more equitable distribution of capital ownership.
But Ellerman takes things a good deal further. In his estimation, conventional ...
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