TLDR Web Dev · OPINIONS & ADVICE

EVERY COMPANY SHOULD BE OWNED BY ITS EMPLOYEES

elysian.press12 min read

Summary from the TLDR Web Dev newsletter

This article discusses Central States Manufacturing, a company owned by its employees through an Employee Stock Ownership Plan (ESOP). This system allows employees to own a percentage of the company, which benefits them financially as the company grows. The author argues that ESOPs are the best solution to wealth disparity and is glad that more companies are offering ESOPs.