"Jeff Bezos, who now owns 11.1 percent of Amazon’s shares of stock, is worth $165 billion overall. Other top Amazon executives hold hundreds of millions of dollars of Amazon shares. But most of Amazon’s employees, including warehouse workers, don’t share in the same bounty. If Amazon’s 840,000 employees owned the same proportion of their employer’s stock as Sears workers did in the 1950s—a quarter of the company—each would now own shares worth an average of about $386,904. There are many ways to encourage profit-sharing. During this pandemic, for example, Congress should prohibit the Treasury or the Federal Reserve from bailing out any corporation that doesn’t share its profits with its employees. It’s impossible to predict what kind of America will emerge from the crises we’re now experiencing, but the four-decade trend toward higher profits and lower wages is unsustainable, economically and politically. Sharing the profits with all workers is a logical and necessary first step to making capitalism work for the many, not the few."
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Robert Reich, A Message to the Bosses: Share the Profits!, CommonDreams, July 15, 2020
https://en.wikiquote.org/wiki/Employee_stock_ownership
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Employee stock ownership
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