Of course being on the board and having common stocks gives some say but unless the equity is enough for control and the workers have a majority on the board the workers will not be able to determine policy.
Blog: http://kenthink7.blogspot.com/index.html Blog: http://kencan7.blogspot.com/index.html --- On Mon, 12/8/08, raghu <[EMAIL PROTECTED]> wrote: > From: raghu <[EMAIL PROTECTED]> > Subject: Re: [Pen-l] The UAW takes David Shemano's advice > To: "Progressive Economics" <[email protected]> > Date: Monday, December 8, 2008, 9:25 PM > On Mon, Dec 8, 2008 at 5:06 PM, ken hanly > <[EMAIL PROTECTED]> wrote: > > There is a bit of difference between having a seat on > the board and owning or controlling a company. They should > have had a seat long ago. Even my faculty union had a seat > on the board of governors of our university as did another > union and the student union as well. We didn't get the > seats in exchange for concessions! > > Shemano called for worker ownership of GM, quite a > different matter. > > > The article says, the UAW is asking for equity stakes. I > assume that > means ownership of a block of shares in addition to a board > seat.. > -raghu. > > > -- > "We in the industry know that behind every successful > screenwriter > stands a woman. And behind het stands his wife." > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
