[lbo-talk] new frontiers in employee ownership

Wojtek S wsoko52 at gmail.com
Thu Mar 15 08:28:16 PDT 2012


Jordan: "I always thought it was really just the main mechanism for avoiding pension costs"

[WS:] This is just one way of socializing costs and privatizing profits, no? But then there are other - such as union busting, lower wages for grunts, no limits on executive salaries (which are limited in public service), guarantees of profitability on the taxpayers' dime - in a word, a business paradise.

Wojtek



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