|
|
|
|
|
by gamblor956
930 days ago
|
|
worker owned companies don't have the same legal structures as capital owned companies, at least in the US. This is false. In the U.S., worker-owned coops are just corporations. Or partnerships. Or LLPs. or LLCs. Or a variety of other business entity types. (The point is, in the U.S., the ownership structure does not necessarily determine the legal entity type.) For example: every law firm in the U.S. is employee-owned, by law. Most accounting firms are employee-owned, also by law. For specific examples of employee-owned businesses that aren't law firms or accounting firms: Publix Super Markets, WinCo, Brookshire, WL Gore, Gensler, HAC. |
|
To put it another way, according to a brief internet search, there are around 1.3mil companies in the US with >10 employees and there are around 6000 employee owned companies. As such employee owned companies make up around 0.005% of businesses in the US and, IMHO, this shows that the legal system isn't there for them or there would be more (a lot more) of them.