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Something to Chew On
Harvard Crimson
Atlas Shrugged |
Capitalism |
Though John Galt would beg to differ, employee ownership has undeniable benefits. According to research done by the National Bureau of Economics, workers at employee-owned enterprises have higher levels of loyalty and trust and lower rates of turnover than do workers at conventional ventures. These businesses also fill gaps left by the free market, tackling otherwise neglected social problems, and in the wake of the 2008 financial collapse, some posited that the model should be re-examined as an alternative to both socialism and conventional capitalism.
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