I’m interested in leftist opinions of employee-owned companies. If that’s still too broad, could you give some examples of employees buying their employer out? Or are there other ways, like with a union?
Also, what’s up with King Arthur’s and Bob’s Red Mill?
It depends on the form of employee ownership as to whether it works out for the employees.
In trucking, the industry uses the owner-operator model as a way to push costs onto employees and skirt labor laws. On paper, the truckers are their own bosses. In reality, they are effectively employees of logistics companies where the logistics companies can pay their employees less than minimum wage and push maintenance costs onto their employees.
In this case, ownership is used as a tool of oppression.
Yup, don’t be sole owner if you can’t afford a lawyer to make sure you get a good deal
I’ve lived in and worked at a number of co-ops. I think they’re far better for the employee than traditional businesses when implemented in a democratic way. Having control over the workplace and direction of the business is incredibly valuable. It’s also important that the co-op members talk to and know eachother. Having lots of meetings and community building is very typical in this type of business.
Also the type of co-op I’m talking about also returns excess profits to the workers (often with a portion taken out to be put back into the business/saved for a rainy day). In this way they are way better than unions, which no matter how powerful do not fully redistribute profits.
I also think worker co-ops are functionally better than worker communes. Co-ops give much more economic freedom to the workers, and side step many of the pitfalls of live/work communes.
Feel free to ask me more about my experiences if you’re curious :)
I’ve read of a couple small places. Was a coffee shop in the cities around here where they guy running it for 20+ years wanted to get out and the staff decided that rather than a new owner they would raise funds to buy it. Sort of run like a direct democracy with some rules based on seniority and such.
The largest arboriculture company here is employee-owned but not unionised at a national level. Their stock isn’t publicly traded and each year the permanent employees get to buy shares with a certain percentage of their income. That access to stock options increases with your rank. While they’re the only arborists I’d want to work for and set the industry standards for safety, I don’t like two things about that:
-
Seasonal employees don’t get stock options, nor do new employees without like a year under their belt. This concentrates the internal wealth of the company in upper management and senior employees, making the incentive structure represent them instead of Joe Schmuckatelli risking their life 30m up with a chainsaw.
-
The incentive structure is the same as a public company as a result of that. Make number go up so you get dividends at the end of the year. The only way to make number go up is to do more with less. Productivity is in direct contrast to the welfare of workers because they don’t have a union to represent their safety or rights. If I get a small bonus every year from dividends but I spent that year risking my life unnecessarily to boost the stock price, it’s just gambling on Russian roulette.
Wall Street brainworms are a pain in the ass to eradicate from companies, even supposedly altruistic ones.
The only good work environment I’ve had was a municipal parks department. Not even unionised, paid $17/hour for the same work I could get $25-35/hour for at a private landscaper, no benefits for seasonal workers and few super-competitive permanent roles. But in decoupling from the profit motive, production became based on need rather than financial goals. I worked so much harder than I would at a private company because building a public pollinator garden is ecologically critical work that educates people on important things. Clearing snow at 4am in -10c weather was something I did until the point of exhaustion because I use those same bike trails and sidewalks the moment I get off work and each bike is one less car that might kill my neighbours. I got to do eco-Marxism without having to use any of the vocabulary alongside a mixed bag of liberals and radicals who intuitively understood those ideas through observation.
With strong unions and outright syndicalism, that kind of nuance returns to the incentive structure. It’s productivity based on socio-ecological need instead of production for profit. We cared about getting people their 40 hours per week and if you came up 5 hours short you’d get paid to study and design sustainable landscapes used by your neighbours. If you needed time off you got it, if you needed a break you took it. You got to spend all day making beautiful de-alienating things for your coworkers, wildlife, and community. When my neighbours hold the power instead of owners and shareholders, it’s so much easier to convince them that doing A instead of B will improve our shared conditions.
-
