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Will #Bernie’s Proposals Build Worker Power? Interview With a Swedish Labor Activist

Presidential candidate and open socialist Bernie Sanders announced this week that his campaign is preparing a proposal to encourage employee ownership in large companies. While details are yet to be released, what has been reported so far is the plan would have employers “contribute a portion of their stocks to a fund controlled by employees” that would pay dividends to workers. A second aspect of the proposal would potentially allow workers to become “a powerful voting shareholder” leading to the election of worker representatives on corporate boards. As well, version of this idea has been taken up by Jeremy Corbyn, the leftist leader of the UK Labour Party.

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