Workers Ownership and Profit-Sharing in a New Capitalist Model?
Henri Matisse - La Danse - 1909 Text excerpts from Freeman, R. B. (2015). WorkersOwnership and Profit-Sharing in a New Capitalist Model? (No. 267566). Harvard University & © Swedish Trade Union Confederation (LO) 2015 Richard B. Freeman holds the Herbert Ascherman Chair in Economics at Harvard University . He is currently serving as Faculty co-Director of the Labor and Worklife Program at the Harvard Law School. He directs the National Bureau of Economic Research / Sloan Science Engineering Workforce Projects, and is Senior Research Fellow in Labour Markets at the London School of Economics' Centre for Economic Performance . The challenge of extreme inequalities Capitalism today faces the specter of ever rising economic inequality and perennial financial crisis. The fruits of economic progress are increasingly concentrated on a small proportion of society – the upper 1 %, 0.1 %, 0.01 %, 0.00...