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Cap/Com No. 100: Kickass! Workers buy their airline.
The question is can a worker owned company make those same hard decisions (i.e. layoffs and downsizing) if required?
Yes, actually, or it can decide, alternatively, to cut wages. I don't see why not, really. If they have no cash, none of them will survive.
The tribe has spoken.
Interesting that you chose to use the survivor tag line. We know unfortunately how that is a relatively accurate depiction of the worst in people and how group dynamics break down into a "screw the other guy over first and watch your back fest."
"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy Carter
Its just in regular corps you get to blame teh man and move on, while in worker owned corps you get to hold grudges against your compatriots.
"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy Carter
Originally posted by Azazel
erm, Saras, when only a small number of employees are owners, this doesn't really amount to anything. This is the case in most small to medium bussinesses.
In most law firms, the employee/owners are definetly a majority of the firm.
Oh, and I think John's point is an important one. The union owns the company, not the employees individually. That means that if they leave the job, they don't get to keep that share of the company. It is owned by the collective.
“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
In most law firms, the employee/owners are definetly a majority of the firm.
err thats not right. In most firms I see, there is usually a partner to associate ratio of about 1 to 1 ( and in some departments you can see several associates per partner) and then there is all the support staff. I don't know of ANY firm where the partners make up 50%+ of the people working there.
You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto Luongo
In most law firms, the employee/owners are definetly a majority of the firm.
Wha? That's not even close to being true. Unless you mean that there's lots of one and two man operations out there.
"The French caused the war [Persian Gulf war, 1991]" - Ned
"you people who bash Bush have no appreciation for one of the great presidents in our history." - Ned
"I wish I had gay sex in the boy scouts" - Dissident
Wha? That's not even close to being true. Unless you mean that there's lots of one and two man operations out there.
Even the one and two man operations out there will generally have as many or more non-owner support folks as there are lawyers. In fact I find that most of the successful smaller shops have more support staff per lawyer than the large firms ( they can't utilize economies of scale and more typical small firm work like real estate, family and criminal can require a lot more support than the typical corporate practice.)
You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto Luongo
Something bothers me. The union previously represented the workers but now the union owns the company and is responsible for the bottom line. Does anyone else see a problem there?
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
Originally posted by Kidicious
Something bothers me. The union previously represented the workers but now the union owns the company and is responsible for the bottom line. Does anyone else see a problem there?
It depends on wether the union as a whole owns it or the local owns it. I doubt the local could come up with the money, but regardless, the workers have a lot more say in their workplace now than they did before.
Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...
Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...
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