Companies, that are owned and/or governed by their employees are on average performing better and have higher productivity than firms that are governed by outside capitalists/owners/investors and they pay somewhat higher wages. They have far less turnover of personnel, employees are more satisfied with their working conditions and such companies are contributing to decreasing economic inequality because in addition to their salaries, employees also benefit from the capital in the company. Why have economic democracy in the form of employee owned and/or governed companies not been on the political agenda in Sweden?
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Published on Feb 22, 2021
